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USD And Sterling Rally Running Into Resistance

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 27, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Yesterday, USD trading was driven by technical considerations. The dollar stabilized even as short-term US yields declined. Today, the eco calendar probably won't be able to guide USD trading. A speech of Yellen is a wildcard. Sterling also shifts in consolidation modus as the pro-remain rally stalls.[​IMG]

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