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Dollar Index Points to Further Weakness for Greenback

Discussion in 'Technical Analysis' started by Kaitlin, Oct 7, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    The dollar has had a volatile few days. Following the publication of the poor monthly US jobs report on Friday, it initially fell sharply before rebounding equally strongly most notably against the yen. The USD/JPY's v-shaped recovery can be explained away by the positively-correlated stock markets which have rallied[​IMG]

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