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USD strength post-hawkish Fed was short-lived

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 30, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Following dovish press conference by ECB’s Draghi last week where the President hinted on potential action in December, the focus this week was firmly on the latest policy meeting by the members of the Federal Reserve. While the FOMC kept rates unchanged, the accompanying statement was widely interpreted to have somewhat of a hawkish slant with the committee saying they will “assess progress” towards their mandate at the next meeting, leaving the possibility for a December rate hike on the

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