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USD Mixed, Discount Rate Hike Not a Policy Change

Discussion in 'Fundamental Analysis' started by ActionForex.com, Feb 19, 2010.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    The USD traded at a nine month high supported by the Fed's surprise decision to hike the discount rate late Thursday afternoon, Fed officials said the rate hike is not an indication of policy direction but a move towards normalization, the rate hike is not signal of a policy change...

    complete article here...

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