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The Fed is still on Track

June 15, 2017 by eurusd.co Leave a Comment

The Fed hiked rates 25 basis points as expected, and also reiterated their intention to hike again this year. This is positive for the USD in the short term, but may be problematic in the long term given weaker than expected data. We are likely to see a move toward 1.10 until data or newsflow change sentiment. Read More on eurusd.co

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