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Forex Forecast: ECB guidance key for EUR/USD, USD/JPY heading lower, Gold: wait for further...

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 16, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    In today’s Forex Forecast, we discuss the outlook for EUR/USD, USD/JPY and Gold prices, with Richard Perry, Market Analyst at Hantec Markets. EUR/USD: Shifting Fed rate hike expectations, and the ECB risk Perry notes that the recent downward correction in EUR/USD due to US CPI data release will prove temporary as the recent fundamental data paints a soft picture for the economy, and will weaken the dollar ahead. On rate hike expectations, he says that the possibility of a December Fed rate

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