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Foreign Exchange Market Commentary

Discussion in 'Technical Analysis' started by Kaitlin, Mar 11, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The ECB delivered and more, but the announcement of a multifront extension of the financial stimulus backfired on Draghi's face, as the common currency plummeted to 1.0821 against the greenback with the news, only to soar beyond 1.1200 mid American afternoon. The ECB decided to cut rates across the board,[​IMG]

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