Strategic Currency Briefing

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 25, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Outlook: Since Asia is the only place open for business today, we can talk about Asia. Japan got no inflation, as expected, raising expectations for something, anything, on the policy front going forward. In China, the BPOC continued to respond to the stronger dollar by setting the fix a little lower for a cumulative 0.9% this week, which is rather a lot. The FT reports “it’s the biggest percentage drop since the first week of January, when a 1.1 per cent depreciation fuelled a wild sell-off

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