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Thursday, September 21, 2017

USD: Fade The Fed; Good Level To Sell USD/CAD - TD

TD FX Strategy Research notes that the USD price action post-FOMC likely reflects that the market was looking for the Fed to scrap from the dots a rate hike this year or next. "The Fed delivered the opposite and in turn preserves its optionality to hike in Dec if the data starts to recover. The ...
USD: Fade The Fed; Good Level To Sell USD/CAD - TD

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