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When is a Rate Hike Not a Rate Hike?

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 Fed surprised the markets Thursday and hiked the discount rate 25bps to 0.75%. Stocks and commodities declined and the USD rallied to a nine month high in reaction to the Fed's discount rate hike. Stocks and commodities rebounded from earlier losses and the dollar pared gains in reaction to...

    complete article here...

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