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Foreign Exchange Market Commentary

Discussion in 'Technical Analysis' started by Kaitlin, May 23, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The EUR/USD pair closed in the red for a third consecutive week, with the greenback fueled by FOMC's Minutes pointing for a soontocome rate hike in the US. On Friday, however, the pair consolidated its weekly losses, with the common currency finding some buyers on slides below the 1.1200 level[​IMG]

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