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Weak U.S. housing sector numbers weigh on U.S. dollar; UK employment report in focus

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 20, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The weak economic indicators from the U.S. housing sector weighed on U.S. dollar depreciated against all the majors on Tuesday while the British Pound ended slightly higher ahead of the UK employment report and despite BoE Carney statements for the risks of leaving EU. The euro eked out slight gains despite the mixed fundamental data. The euro finished higher against the dollar and is now trading above the key support level at 1.1300 ahead of tomorrow’s ECB policy meeting. The precious metal

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