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US Economy: Long USD trade getting tired; Fed doesn't want to be over hawkish

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 10, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Simon Smith, Chief Economist for FX Pro, joined Zak Mir and Bill Hubard, Chief Economist for Bullion Capital, on the Tip TV Finance Show to discuss the fallout from the ECB meeting, and a view ahead to the assumed Fed interest rate hike next week. Key Points: Smith noted that people are now looking beyond December, with the long USD position being a crowded trade and seeming tired. He added investors may be tempted to close the long USD position and be prepared to start anew in 2016 after a

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