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USDJPY: Will the Fed Provide a Shot of Adrenaline?
The sun rises on a new trading day, and traders rolled out of bed particularly eagerly today in anticipation of the Fed’s monetary policy announcement. With a staggering number of central banks across the world turning more dovish over the past two weeks, traders are starting to wonder if the Fed can maintain its moderately hawkish posture. On one hand, economic data (particularly when it comes to the labor market) has been relatively solid of late, but on the other hand, there lack of any inflationary pressures and the economic slowdown overseas could cause the central bank to lean more toward leaving policy ... (full story)
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- Jan 28, 2015 1:41pm Jan 28, 2015 1:41pm
- notsocasual
- | Joined Jan 2015 | Status: Member | 2 Comments
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- Jan 28, 2015 6:14pm Jan 28, 2015 6:14pm
- ZebraSquirl
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Fireworks are fun ... as long as you don't blow your fingers off.