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Central banks take centre stage

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 24, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    After a relatively quiet start in terms of FX price action, volatility picked up towards the back end of the week as central bank related news came to the fore curtesy of the ECB and PBoC. Thursday saw the latest ECB rate decision and while the central bank kept rates on hold as expected by all surveyed analysts, ECB president Draghi struck a dovish tone in his accompanying press conference. ECB’s Draghi stated that the central bank is set to discuss whether additional action is needed in

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