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U.S. Dollar Rallied on Upbeat Data; EU: QE Extension is Likely; U.S. Stocks Analysis

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 16, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The U.S. dollar gained against most of the other G10 currencies on Thursday and early Wednesday on the back of the better than expected inflation rate, the 40‐year record low jobless claims and the narrowest U.S. monthly budget deficit since 2008! The initial jobless claims plummet to the lowest since November 1973 and dragged down the 4‐week average to 265,000. The U.S. inflation rate, on a yearly basis, revealed that the consumer prices remained stagnant in September, beating expectation to

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