Dollar little changed as China tensions ease further

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 13, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    On Tuesday, the negative impact from the China crisis on global markets eased. However, the risk-on recovery was uneven across markets. Equities rebounded nicely. Oil initially rallied sharply, but gave back all gains later on in the US session. Similarly, core bonds were at first sold, but recouped losses and US Treasuries even closed handsomely higher. The dollar hovered on both sides of the opening levels to close nearly unchanged. EUR/USD declined from the 1.09 area early in European

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