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WTI and Gold surge to daily highs, whilst USD remains under pressure

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 9, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    Global Market The lingering effect of Thursday’s dovish FOMC meeting minutes continued to punish the value of the USD in Friday’s European session.A general lack of clarity on when the US central bank will raise rates has translated to investor anxiety which has resulted in the USD being exposed to further pressures. With one of the prerequisites for a hike being the further progress in the labour force, the latest soft NFP announcement offers a compelling reason as to why the Fed may not act

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