Investors Don't Take Kindly To Fed Decision

The other week, we warned the run of Dollar weakness would soon stall out, with the Buck stretched into oversold territory and begging for a bounce.

The other week, we warned the run of Dollar weakness would soon stall out, with the Buck stretched into oversold territory and begging for a bounce. On Wednesday, investors didn’t take kindly to the Fed decision, after the central bank communicated a less upbeat outlook, and this has resulted in a flight to safety flow, which has benefited the Buck.

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