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Dollar Rebound To Slow As Does Risk-On Rally?

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jul 22, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Yesterday, USD/JPY tumbled as comments from BoJ's Kuroda questioned the room for aggressive stimulus. Today, the focus is on the EMU PMI's. However, the euro recently hardly reacted to data. A softer risk sentiment might be slightly USD negative. A weak UK July PMI might also weigh on sterling.[​IMG]

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