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Silver shining brightly post FOMC

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 17, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    With yields being universally low across the developed economies and the dollar falling, buck-denominated precious metals are shining. They have rallied strongly over the past couple of days in particular after the FOMC sounded more dovish than expected on Wednesday, which helped to push expectations about the next Federal Reserve rate increase further out. Other major central banks have also turned more dovish, with the ECB, for example, expanding its QE stimulus package and the BOJ cutting

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