Forex Forecast: USD/CAD still a range trade, GBP/USD: bearish below 1.50

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 13, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    In today’s Forex Forecast, we share the outlook for USD/CAD, GBP/USD and US rates, with Steven Woodcock, Senior FX Analyst at Plutus FX, who is joined by Zak Mir, Technical Analyst at Zak’s Traders Café, and Mike Ingram, Strategist at BGC Partners. Woodcock starts by commenting on the Fed rate hike outlook, and says that a December rate hike still depends on the data ahead. On forex, he notes that everyone remains focused on the dollar, and the move lower in EUR/USD was a USD story.

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