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US dollar softens as Fed-hawks retreat

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

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FTSE outperforms as oil, metals recover by Ipek Ozkardeskaya Asian currencies were better bid as Chinese officials announced to take further stimulus measures in terms of fiscal and monetary policies. The optimism gave a boost to commodity and related assets. Shanghai’s Composite recovered earlier losses in the session and traded 0.26% higher, Hang Seng gained 0.18%. Oil rebounded to $36. The FTSE outperforms its European peers as energy and mining stocks ride on the back of a bull. BG Group

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