Fed matches expectations

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As expected, the Fed increased rates by 0.25percent to 2.5percent. The Fed announcement was consistent with the stimulus is still expected by the Fed. This implies a additional 0.25% boost in March. This is very likely to keep tough dollar immunity more powerful than 1.30, maybe dipping to 1.3080, even though the near-term impact ought to be limited.

Analysis provided by http://www.fxtoday.co.uk