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Weekly Outlook – Stock Market Correction Inspires USD Gains

posted by Avatar topequitynews 1234 days ago in Technical, Weekly

Last week’s currency trading review
The Dollar was very strong as stock markets continued to fall in response to China/Obama/Greece concerns. Safe haven flows were already helping lift the USD against most pairs before Friday’s GDP report sent the Greenback to multi-month highs. Q4 GDP at 5.7% vs. 4.6% forecast q/q annualized added to the...
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