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Fischer's comment highlighted the Fed's worries and uncertainty

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 2, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Despite the mixed closing of the US major stocks indexes, Shanghai composite could make remarkable progress in the beginning of today session, after news about PBOC injection of 50b Yuan for 14 day reverse repo and 50b Yuan for 28 day reverse repo setting USDCNY today down to 6.5510 from 6.5783 yesterday. Jan US ISM came yesterday unchanged in the contraction territory below 50 at 48.2 as it has been in December versus 48 expected. US PCE which is the Fed's favorite gauge of inflation rose by

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