Home Forex News Fed Accommodative policy Stance may Weigh Dollar Index Further

Fed Accommodative policy Stance may Weigh Dollar Index Further

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However Fed officials have already indicated their support for a more explicit form of forward guidance, in which they tether the future path of the benchmark US interest rate to specific economic metrics such as unemployment or inflation levels. But, so far, it has been unclear when such a policy might be taken.

TREND : BULLISH

Time                                      :           17/07/2020

Pivot                                      :           1.1853

Technical View                     :             LONG ABOVE 1.1873

Target                                   :            1.1889, 1.1914, 1.1937

Technical View                     :             SHORT BELOW 1.1833

Target                                   :            1.1824, 1.1813, 1.1799

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