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It was a hawkish dot plot from the FOMC- Rabobank

FXStreet (Guatemala) - Analysts at Rabobank exclaimed that today’s hawkish signal came from the dot plot, not from the statement.

Key Quotes:

“The fed funds rate projections for 2015 and 2016 were revised upward, but the FOMC repeated that there will be ‘considerable time’ between the end of QE3 and the start of the hiking cycle”.

“Meanwhile, as widely expected, the Fed’s asset purchases will be slowed down to $15bn in October, from $25bn this month”.

AUD/USD licking it;s wounds sub 0.90 handle

AUD/USD is trading at 0.8958, down -0.03% on the day, having posted a daily high at 0.8963 and low at 0.8953.
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USD/JPY hits 108.50, en-route to 110.00?

USD/JPY keeps on rising, with the exchange rate touching yet another new high, this time at 108.50, following a 1.3 yens gain on Wednesday, as the FOMC reinforces the notion that a process of normalization in interest rates is getting closer.
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