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Forex Prices Moving Into Range Markets: Week Ahead

Forex Prices Moving Into Range Markets: Week Ahead

5 Years ago | May 24, 2015 00:00:00

John M. Bland

New Dollar Scenario Unfolding
The new dollar trading scenario we have been developing over the past few weeks continues to unfold. The bull dollar trend continues run out of steam as markets reassess the potential strength of the U.S. economy. On the other hand, the outlook for the European economy has improved. The major focus of forex traders continues to be on interest rates in the U.S. and the Eurozone. Yields on the U.S. 10-yr note continue to creep higher as investors begin to anticipate an eventual tightening of Fed policy. It appears the same proce

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