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Central banks drive market dynamics

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 6, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    US stocks ended lower on Wednesday as oil shares declined and investors grew cautious on Fed Chair Janet Yellen comments about possible interest rate hike in December. The dollar strengthened against most major currencies with the ICE dollar index, a measure of the dollar’s strength against a basket of six currencies, rising 0.68% to 97.85. The S&P 500 live data indicate S&P 500 declined 0.35% led by energy sector which lost 1%. Fed Chair Janet Yellen on Wednesday made the case for

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