DNC

Lessening Risk Perceived of a Fed Rate Hike in 2016

July 28, 2016

The FOMC statement was more ambivalent than many analysts had expected, even though labor market conditions were upgraded overall downside growth risks were said to have diminished. ┬áThe dollar in response shows overnight losses of 0.7% against the yen and Swiss franc, 0.5% against the Australian dollar and euro, 0.3% versus the kiwi, and 0.2% […] More

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