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Back Fundamental analysis
Dollar gains while Fed keeps mum
The Fed asks the market not
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The Fed asks the market not to read too much into noise, but it's generating plenty of its own. Chair Kevin Warsh has been conspicuously quiet, while his colleagues have given nearly six dozen speeches, far more than a year ago. EUR/USD is listening to that choir of voices and holding near a 17-month low. The October 27–28 FOMC meeting is expected to end with the federal funds rate unchanged at 3.75–4.00%, despite hotter-than-expected September price data. After a unanimous vote
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Marek Petkovich,
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