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Wednesday, December 17, 2014

The U.S. FOMC Statement is on Many Minds

fomc.jpg Home Page News Page The Fed Meets Today The US dollar's recovery that began yesterday continues today.  The euro reached the 50% retracement objective of its slide since mid-October (~$1.2565) and now is more than a full cent lower.  The dollar's slump against the yen ended just above the JPY115.50 level, also a key technical retracement level.  The dollar's high today was JPY117.50.   The US dollar's recovery that began yesterday continues today.  The euro reached the 50% retracement objective of its slide since mid-October (~$1.2565) and now is more than a full cent lower.  The dollar's slump against the yen ended just above the JPY115.50 level, also a key technical retracement level.  The dollar's high today was JPY117.50.  See Also links url:  http://www.economywatch.com/features/The-Fed-Meets-Oil-Prices-Plunge-Abe-Wins-and-Greece-is-the-Word.12-15-14.html Title:  The Fed Meets, Oil Prices Plunge, Abe Wins and Greece is the Word See Also type:  Reference read more


READ THE ORIGINAL POST AT www.economywatch.com