What happened last year when the FOMC tightened?

Discussion in 'Education, Tutorials & Courses' started by ForexLive, Dec 14, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    The last hike was on December 16, 2016 The last time the FOMC hiked rates was on December 16th, 2016. The market was expecting the hike. The pair moved lower into December - falling from a high of 1.1492 on October 15th, to a low of 1.0519 on December 3rd. The fall was 973 pips.

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