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Sterling little changed despite ‘soft' BOE minutes

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 9, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Dollar little affected by ‘soft’ Fed minutes On Thursday there was initially no relevant news to guide USD trading. The dollar lost temporary ground early in Europe as the equity rally slowed. However, equities soon found their composure, putting a floor under the dollar. EUR/USD and USD/JPY returned soon to respectively the mid-1.1250 and the 120 area. Late in the session, the Fed published the minutes of the previous FOMC meeting. The Fed stayed optimistic on the US economy, but is worried

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