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European Market Update: Dovish Hike By Fed Provides Risk-On Sentiment, UK Retail Sales...

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Dec 17, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The USD opened in Europe on firmer footing against the major and commodity-related pairs in the wake of the Fed's decision to raise the Funds Rate by 25 bps and guidance for "gradual" tightening thereafter EUR/USD posted a 2-week low at 1.0832 while USD/JPY posted a one-week high of 122.64[​IMG]

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