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Strategic Currency Briefing

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 16, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Outlook: You might not know it from the headlines, but we do get some US data today, including housing starts. The Reuters survey gets a forecast of 1.135 million (annual pace) from 1.135 million in Nov and 1.060 million units in Oct. This will be the 8th month of gains. Permits, however, will probably dip to 1.150 million from 1.161 million. Separately, industrial production probably fell 0.1% in Nov for the third consecutive month. Losses in manufacturing are a key factor for some analysts

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