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US retail sales reaction: Bah humbug!

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 14, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    There are no two ways about it: it’s been a slow week for foreign exchange traders. With no top-tier data releases from Europe or the US during the first four days of the week, the US dollar generally consolidated against most of its major rivals over the first 96 hours of this week’s trade. Today, traders are saying TGIF (thank goodness it’s Friday) for at least two reasons: the traditional end of the workweek and the release of the October US retail sales report, which was billed as the

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