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Foreign Exchange Market Commentary

Discussion in 'Technical Analysis' started by Kaitlin, May 27, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The American dollar's upward momentum continued easing on Thursday, despite US data beat expectations, as commodities prices rose. The EUR/USD pair surged up to 1.1216, but failed to sustain gains above the 1.1200 mark, as in the longer run, the market is still focused on the upcoming US rate hike.[​IMG]

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