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Dollar Powers Higher On Fed’s Assessment Of Employment
12/17/09 by Daily Forex Snapshots
Filed under Forex & Futures
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The USD has extended gains today after yesterday’s FOMC meeting highlighted a more optimistic assessment of the US labour market. As expected, there was no change to the Fed Funds rate and the accompanying statement retained the crucial remarks that rates would stay at their “exceptionally low” levels for an ”extended period”; however the alteration to last month’s wording that was interpreted as… | ||||||||||||||||||||
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