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USD's Rally Continues Ahead Of Friday's NFP

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 30, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Fed Chair Yellen delivered a balanced message at Jackson Hole, which the underpriced market took as hawkish. However, it was the follow-up comments by Vice Chair Fischer later in the day which really convinced the market that it was under-positioned. Fed Fund futures quickly adjusted from a 20% to 45%[​IMG]

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