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Daily FX Wrap 12/10/2015

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 12, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Overview The USD index remained in the red throughout the European session amid no tier 1 data with many US participants away from market for the Columbus Day holiday. USD/CAD saw strength after the NYMEX pit opened with a selloff in WTI and Brent, which pared some of last week’s 10% gains. This came after Goldman and Barclays reduced their end of year forecasts for oil in 2015 and 2016, in conjunction with OPEC downgrading their demand forecast for 2016. The resulting

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