December 17, 2015 BY LeapRate Staff
FOMC rate hike fallout: Strong Dollar, Loonie and Aussie down to 71 cents, oil weak
It is a tough time to be holding petro-currencies. It seems that the Fed's FOMC meeting move of a 25 basis point rate hike - the first such rise since 2006 - has traders focused on continued US Dollar strength. That means weakness in US Dollar denominated products such as Crude Oil, which witnessed a…
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