The dollar has traded softer to mixed in the wake of the FOMC announcement, which didn't give any clear guidance on the policy course, as was largely anticipated. The Fed highlighted growing risks from the turmoil in global markets and hinted at a gradual rate hike cycle, which was to have been expected. EUR-USD lifted above 1.0900 amid a bout of dollar weakness in the initial wake of the announcement, but the rally soon petered out, and the pair has since ebbed to the 1.0880-90 area during Asian trade.
from RSS Feed http://ift.tt/1KctBAs
via IFTTT
No comments:
Post a Comment