DXY pulls back from FOMC inspired highs

Author: Giles Coghlan | Category: News

Daily pivot point below


The daily pivot point is just above the 93.00 level. Remains to be seen whether buyers will buy this dip as the FOMC disapointed, but they didn't deviate from their ultra low rate mandate. They also want to see jobs stabilise AND inflation at 2.0% before hiking. That looks a very long road at this stage. 
Daily pivot point below
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