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Fed hike: What will 2016 bring to the Forex traders? - FXStreet

FXStreet (Guatemala) - Adam Button, MD at ForexLive participated in the FXStreet's 2016 Forex Forecast and on the subject of the Fed hiking.

Key Quotes:

"Yellen did not give a dovish hike as expected and how he is concerned that El Niño could fool the Fed in Q1."

"Hike might be a mistake in driving the US dollar higher."

NZD/USD consolidating around 0.6700

NZD/USD is trading flat on Friday, moving in small range between 0.6715 and 0.6690. During the Asian session the pair bottomed at 0.6680, the lowest level in a week but quickly rose back above 0.6700.
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Fed hike: What will 2016 bring to the Forex traders? - FXStreet

Boris Schlossberg, Managing Director at BK Asset Management participated in the FXStreet's 2016 Forex Forecast and on the subject of the Fed.
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