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Dollar Pared Some of Sharp Losses in Wake of Fed

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Markets The Fed kept the policy rate unchanged at 5.25-5.5% yesterday. The expected decision was accompanied by a statement that mentioned “modest” further progress towards the 2% inflation objective instead of the “lack” of it in the May edition. It’s the only change and feels like a post-CPI addition. The dot plot entailed bigger changes […]

The post Dollar Pared Some of Sharp Losses in Wake of Fed appeared first on Action Forex.

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