D strength guiding Gold prices; Doubts on a December Fed rate hike, EUR/GBP sell on strength

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 16, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    It is difficult to quantify a US rate hike at this juncture, says Brenda Kelly, Head Analyst at London Capital Group, as she joins today’s Tip TV Finance Show to discuss, US rates, and the outlook for FTSE 100, Gold prices and EUR/GBP. US: Consumption story bodes bad for a December rate hike? Kelly comments that the recent pullback in US retail sales questions the consumption led recovery of the economy. She believes that the Fed should wait for the consumption to turn back to normal levels

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