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Dollar In The Defensive As Risk-Off Trade Intensifies

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jan 20, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Yesterday, the dollar failed to profit from a temporary improvement in global sentiment. EUR/USD even rebounded north of 1.09 as US equities disappointed. This morning, sentiment in Asia is outright negative, putting the dollar under further pressure. The EUR/USD 1.1060 range top might come on the radar. Sterling is hit[​IMG]

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