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Choppy oil keeps risk in check

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 15, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Choppy oil keeps risk in check By Brenda Kelly A fairly sanguine reaction to Chinese GDP growth in the first quarter. Released in the early hours, the data showed that China slowed to 6.7%, down from 6.8% in Q4. Retail sales and industrial production in China grew faster than expected in March to 10.5% and 6.8% respectively which has ultimately prevented any overtly bearish reaction to the news. The US dollar continues to surge as has been the case over the past couple of days – with the

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