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The Dollar may gains against the Euro after Fed interest rates hike
Category: Forex Forecasts & Signals
Posted by World-Signals.com on December 17, 2017 at 11:48 AM
It was widely expecting the action of Fed with the hike of interest rates. United States key interest rates are at 1.50% as that action showed some losses of the Dollar with about 70-80 pips against the Euro. But the losses of the dollar were temporary and the exchange rate recovered to 1.1750. As overall during the last business week Euro/Dollar trading is in neutral direction.
World-Signals.com expects to see some new gains of the Dollar in the coming week. The trading strategy is to open short positions with target at 1.1670.

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