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ECB to decide on next directional move

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 10, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    On Wednesday, USD trading was again driven by global factors as key eco data were missing. Equities and commodities rebounded and so did core bond yields. This was a positive context for the dollar, but USD gains were modest at best. (Currency) markets are in a wait-and-see modus ahead of the ECB policy meeting. USD/JPY gained further ground later in US dealings and closed the session at 113.35 (from 112.62). Via EUR/JPY, EUR/USD moved also temporary higher in lockstep. The pair finished the

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