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Technical Analysis USDIDX : 2016-04-14

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 14, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    IMF forecast supports the US dollar US dollar index edged up despite the weak economic data. Investors may consider the US assets to remain more reliable and profitable in comparison to the other countries’ assets. Such a sentiment may have appeared after the IMF cut the global GDP outlook. The world GDP may be 3.2% this year and 3.5% in 2017 which is 0.2% and 0.1% below the previous IMF outlook. Will the US dollar continue strengthening? The US economy is to expand by 2.4% in 2016 while the

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