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Hong Kong Shares Plunge 4% At Open, JPY Strengthen

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Feb 11, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    In the wake of Janet Yellen's testimony before the House Financial Services Committee in Washington; FX traders continued selling the US dollar during the Asian session as the Fed Chairwoman released a cautious speech. According to Yellen, the Federal Reserve is still on track to gradually raise short-term rates, however[​IMG]

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