USD Soars As Fed Hikes Discount Rate

[Rickson9]

“It’s a surprising issue. In the last FOMC minutes the Fed indicated that they would raise the discount rate in the near future but nobody expected it to be today,” said Hidetoshi Yanagihara, a senior currency trader at Mizuho Corporate Bank in New York. “It might indicate the Fed will change monetary policy in a much shorter term.”

http://tinyurl.com/ygxpw3o

Oh well, so much for USD:CAD parity...