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The strongest and weakest currencies as NA traders enter for the day

Discussion in 'Technical Analysis' started by ForexLive, Jul 12, 2016.

  1. ForexLive

    ForexLive Forum Member

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    July 12, 2016: The AUD is the strongest. The JPY is the weakest. The AUD got a boost from NAB Business survey despite Brexit and uncertainty from the election. Stocks also continued their advance on the back of increased expectation for more stimulus from Japan (Bernanke was in town too). The weakest currency was the JPY for the last two reasons cited. In the US, the pre-market activity has the S&P up about 10-11 points. The Nasdaq futures are up about 27 points.

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