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BOE's Super Thursday festivities could set the tone for EUR/GBP next big move

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 14, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    So far, today’s price action has followed the script laid out in the first part of the week: · China’s stock market traded lower overnight as the PBOC left the CNY’s fix essentially unchanged · European and US stocks opened higher, only to see those gains evaporate ahead of the European close · Oil is falling once again, leading to weakness in commodity currencies and risk appetite as a whole · The US dollar index is rising marginally on the continued global uncertainty It remains to be seen

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