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USD Sold-Off Amid Dovish Fed

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Mar 17, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    As widely expected by us and the market, the Federal Open Market Committee decided to maintain the target for the benchmark federal funds rate at 0.25% to 0.5%. However, the market was expecting Janet Yellen to release a more hawkish statement, reiterating the Fed's confidence in the strength of the[​IMG]

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