On Thursday the Greenback was steady in the Asian session following the FED's moderate policy. In a generally anticipated decision, the U.S. central bank increased interest rates by 25 basis points. This is the fourth increase this year while they projecting fewer rate hikes next year. But the markets seemed shocked by the Fed's promise to maintain the focus of its plan to tighten the monetary course. This gave the impression that they are not concerned that much for the increasing uncertainty regarding global economic growth.
Growing risks for China’s Economy
Daily Analysis - 20/12/2018