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U.S. Dollar: Powerful Correction

posted by Avatar fx360 1052 days ago in EUR, JPY, GBP

For the first half of this week, foreign exchange traders were very pessimistic and yesterday they expressed their pessimism by driving all of the major currency pairs sharply lower. After such a depressing move, a relief rally is normal and expected. Therefore we are not surprised at all to see the dollar trade lower against all of the higher
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