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Dollar Retreats As Fed Hike Hopes Fade

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Sep 7, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Dollar bears were unleashed on Tuesday following the disappointing U.S ISM services data which dented hopes over the Federal Reserve raising US interest rates in September. The ISM nonmanufacturing PMI for August came in at 51.4, making it the lowest since February 2010 consequently rekindling concerns over the health of[​IMG]

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