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JPY is still boosted, before the Chinese holidays ending

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 10, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The lower interest rate outlook in US is still dominating the current market sentiment weighing down on the greenback boosting demand for the gold amid worries about the global economic performance. after forming lower highs, The oil benchmarks turned down again to test Jan. 20 lows with continued economic deceleration signs in china and US dragging the demand expectations down further. IEA could spur the declining this time by saying that the demand for OPEC production will fall this year by

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