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FX Update: Poland downgraded as new gov't goes after banks

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 19, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Friday session sees S&P 500 hit support around 1,860 China releases new measures to combat currency speculation S&P release downgrade of Polish sovereign debt rating Friday's market action saw fresh lows in the major equity indices and oil prices though there was an attempt to bounce in the dying minutes of the session when the S&P 500 briefly poked below the key lows for 2015. That support – about 1,860 in the cash index – is likely to coincide with USDJPY in the 116.00/25 area if

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