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Thursday, July 27, 2017

Dollar Remains on the Defensive

July 27, 2017 0 comments
The US dollar is narrowly mixed after selling off following the FOMC statement. Sometimes the narrative explains the price action, and sometimes the price action explains the narrative. This seems to be the case of the latter. The dollar and interest rates fell, and so the Fed was dovish. ...

Dollar Remains on the Defensive
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