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Bounce Back Rally In USD Sustainable?

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 13, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    FX markets continued their roller coaster trading pattern in the Asian session. As we had anticipated, the hawkish line-up of Fed speakers gave the oversold USD a bullish push. Richmond Fed Lacker commented that faster pace of inflation suggested that roughly four 25bp rate hikes would be warranted in 2016.[​IMG]

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