Euro Turns to 2017’s Final CPI Figures After ECB Minutes Hint at Faster Exit

Euro Turns to 2017’s Final CPI Figures After ECB Minutes Hint at Faster Exit

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As long as the Euro has strong fundamentals behind it, traders may continue to find excuses to look long the single currency as we approach the ides of January.

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US
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Bearish momentum in the DXY Index remains firm, now eyes a test of the 2017 low set on September 8 at 91.01.
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EURO
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The British Pound may rise as upbeat UK CPI data stokes BOE interest rate speculation. The US Dollar may keep falling as markets reach for yield beyond the Fed.
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ASIA
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The Dollar tried to stage a recovery after yesterday's the report of China slowing or halting Treasury purchases was refuted. But USD sellers were undeterred, as prices are pushing back down towards 2...Continue Reading

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