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Dollar Decline Exhausted, At Least For Now?

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 4, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Yesterday, the dollar reversed sharp earlier losses as the recent repositioning out of the dollar slowed. Comments from Fed’s Lockhart supported the USD rebound. Today, the focus turns to the data. Will a decent ADP report and US non-manufacturing ISM help to put a floor for the dollar ahead of[​IMG]

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