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USD on a "Buy the rumor, sell the news" scenario?

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 6, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Outlook: The Fed has not raised rates since 2006 and rates have been effectively at zero since 2008, or 7 years. If the Fed raises rates in December, as now expected, it’s a “historic” event. But it has been so long coming, and with more than one false start, that you have to wonder if the outcome will be a whimper and not a bang. The dollar is already over 15% higher than before the first taper announcement. It’s entirely plausible that the hike is priced in and further dollar gains are not

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