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Pound Shorts Squeezed With No Mercy

posted by Avatar fx360 695 days ago in JPY, GBP, Daily made popular 694 days ago

Dollar tumbled against the pound and remained on the back foot against all majors with the exception of the yen in the aftermath of yesterday’s FOMC announcement that kept the “extended period” language in the communiqué. Fed’s insistence on maintaining a dovish stance knocked wind out of the dollar bulls who had been hoping for a move to a more
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