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UR/USD Rebounds As China Crisis Intensifies

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jan 7, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Yesterday, the moves in the major FX cross rates were moderate given the big swings in other markets. USD/JPY drifted further south. The EUR/USD decline finally halted. It looks as if the cross rate is ready for a normal risk-off/risk-on reaction function.[​IMG]

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