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Dollar Remains Well Bid As Rate Hike Hopes Persist

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Oct 11, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Yesterday, the dollar traded stronger across the board. Friday’s soft payrolls finally didn’t hurt investor anticipation of a December Fed rate hike. EUR/USD and USD/JPY are nearing first technical resistance levels. Sterling remains in the defensive as political uncertainty on Brexit continues to weigh[​IMG]

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