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The week of Christmas kicked off in a particularly quiet fashion

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 22, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Overview The week of Christmas kicked off in a particularly quiet fashion, with no tier 1 data or notable speakers. Price action in FX markets was also notably subdued amid light news to guide moves, however of note Asia Pacific hours saw USD/CNH fall after the PBoC firmed the reference rate for the 1st time in 11 days. Separately, the USD-index saw a bout of softness during the European morning and as such ends the session in negative territory, benefitting the likes of GBP and EUR, with

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