The US Federal Reserve's interest rate rise was as close as it gets to a dovish hike as the Fed clearly signalled that further rate increases will be data-dependent which paves the way for investors to return on the buy side and drive a year-end rally Saxo Bank's chief traders say.
from Ole Hansen - Authored content https://www.tradingfloor.com/posts/from-the-floor-dovish-fed-hike-paves-way-for-risk-on-rally-6760655?utm_medium=tf4-feed&utm_source=extract
From the Floor: Dovish Fed hike paves way for risk-on rally
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