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The markets are waiting for clues from the Fed and BOJ

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

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The oil prices could extend their rally which has been prompted by the end of last week by rising speculations of watching harsher winter in US, after the snow storms hit its east coast. The oil rebound could prop up again the risk appetite which has been extended also into the first Asian session of this week sending the Japanese yen down across the broad. From another side, the greenback has been exposed to selling pressure on the speculations of watching US economic slowdown in the first

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