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Day: May 27, 2017
May 272017
Dollar Ends Week Relatively Subdued
The US dollar ended this week’s mostly flat due to the mixed minutes of the latest meeting of the Federal Open Market Committee. The greenback was far from being the weakest currency, though, as the Great Britain pound logged even bigger losses, mostly due to politics. Markets considered the FOMC minutes to be dovish and sent the dollar down. But in truth, the notes had both dovish and hawkish remarks, signaling that the US policy […]
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May 272017
Dollar Ends Week Relatively Subdued
The US dollar ended this week’s mostly flat due to the mixed minutes of the latest meeting of the Federal Open Market Committee. The greenback was far from being the weakest currency, though, as the Great Britain pound logged even bigger losses, mostly due to politics. Markets considered the FOMC minutes to be dovish and sent the dollar down. But in truth, the notes had both dovish and hawkish remarks, signaling that the US policy […]
Read more
May 272017
Weekly Forex Technical Analysis (May 29 — Jun 2)
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1025 1.1093 1.1133 1.1201 1.1241 1.1308 1.1349 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1086 1.1119 1.1194 1.1227 1.1302 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
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