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TD expect lower USD after the Federal Open Market Committee (FOMC) meeting today, preview

TD is anticipating that the Fed will raise rates by 25 basis points, which will be the final increase. Even so, the analysts go on, the FOMC will likely continue to validate the dots while maintaining a hawkish tilt. It follows the tried-and-true "have your cake and eat it too" strategy. TD says they believe it will fail, which will result in a USD decline. Further on the US dollar, TD say that since the Fed raised interest rates for the first time in 2022, there has been a very clear "buy the r... Read More

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Posted: Jul 25 2023, 21:38

Author Name: forexlive

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