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Relief Rally as Miners Surge

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 12, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Relief Rally as Miners Surge. By Brenda Kelly Yellen’s testimony yesterday to the Senate Committee was more of the same. She reiterated that USD strength was a signal of economic strength and that weak oil had mostly been negative but would eventually be good for the economy. The main takeaway was that negative rates once again came up, the Fed chair is still evaluating both the necessity and the potential outcome of such a policy. As a result, US treasury yields fell and the market now

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