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Forex technical analysis: EURUSD gets a boost from US data

Discussion in 'Technical Analysis' started by ForexLive, Sep 30, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Trades higher on the weaker US spending. The USD spending and income data for August did not exactly knock it out of the ballpark. Real spending (used for GDP) fell by -0.1% which was the lowest reading since January and also only the 2nd decline since early 2014. Consumer spending has been the bright spot in GDP. This is not all that great

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