Fed looking for more rate increases

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The Fed has raised interest rates by 0.25percent to 3.5percent. The Fed also pointed to inflation pressures and spending, even though it stayed comfortable. The Fed is planning to raises speeds again. The announcement must be neutral for the buck that the Fed wasn't more competitive and is near expectations. The announcement doesn't encourage dollar selling past 1.24 from the Euro.

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