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Dollar Firm Ahead Of ADP Report

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 31, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Dollar bulls received ample encouragement on Tuesday following the impressive consumer confidence report which bolstered sentiment towards the US economy. The Consumer Confidence Index (CCI) for August lurched to its highest level in almost a year at 101.1 consequently reinforcing expectations over the Federal Reserve raising US rates in 2016.[​IMG]

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