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Cable comes into focus, Services' PMI report threatening fresh lows today

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 6, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The US Dollar remains in the center of attention during the first trading sessions of the year having started 2016 in a strong manner. The US currency has been posting gains against its major peers and yesterday was not different with the Dollar printing fresh highs against the Euro and the Cable. The apparent stock market crash in China drove investors to doubt whether the rest of the global stock markets can sustain their current levels which in turn led a flight to Dollar’s safety. In the

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