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Dollar Index unlikely to buck the trend

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 11, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    One of the big themes in recent weeks has been the depreciating dollar. The most recent meeting minutes from the Federal Reserve clearly show there’s a lack of harmony within the FOMC, with speeches from several policymakers being mostly on the dovish side of the scale. The Dollar Index has not been helped by the appreciating Japanese yen, rebounding commodity currencies and the euro’s refusal to fall despite the ECB expanding its QE stimulus package in March. Even the pound has managed to

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