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Solid durable goods report empowers USD bulls

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 26, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    Sentiment towards the US economy received an uplift following an impressive decline in jobless claims which pointed to a recovery in economic momentum in the United States. This was complimented bythe core durable goods results which hit expectations at 0.5%,giving more reasons for the Fed to raise US interest rates in December. It must be remembered that the Fed members placed a strong emphasis on the strength of US data as a condition to raise US interest rates, and that following the

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