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US trade and IMF growth downgrade dominate trade, Aussie rallies

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 7, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Quick Recap Oil is the big story in terms of price overnight with a rally of more than 5%. But it still hasn’t quite taken out the highs seen during the recovery from the acute market funk we saw in August. That is tempering my outright bullishness on other markets and is reflective of the type of trading we saw across marekts overnight. To wit, stocks in the US were mixed with the Dow up a smidge on the back of the solid 7.66% rally in Du Pont after the company’s CEO said she was

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