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IMF urges the US to stay its hand on raising rates

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 7, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Outlook: We continue to fret that the 10-year yield does not show a picture of a robust economy or a hawkish central bank. This morning’s quote at 2.074% shows a retreat from 2.173% at year-end and 3.03% at year-end 2013. We had GDP in Q1 at a negative, revised to zero, and while Q2 was pretty good at 3.9%, it seems not to be sustained into Q3 and Q4. The Atlanta Fed GDPNow estimate indicates 1.1%, which is better than the last time out (0.9%), but not back to earlier estimates. Meanwhile, the

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