USD to recover with risk sentiment, soft Euro data

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 22, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Forex News and Events Don’t count the USD out just yet (by Peter Rosenstreich) Financial markets have once again exposed their propensity to overreaction. In a span of less than three months, expectations for the Fed rate path in 2016 went from three to four 25bp hikes to none. While the US economic data has broadly disappointed it was the volatility in global markets and overall negative sentiment that, in our view, drove the shift in expectation. While the Fed’s rate strategy always seemed

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