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Forex Trading Outlook for the Week of July 27, 2015

Forex Trading Outlook for the Week of July 27, 2015

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

 The focus to start the week will be on Wednesday’s FOMC announcement where attention will be on whether the Fed prepares markets for a September rate hike. This risk is likely to keep a bid under the dollar or at least limit its downside ahead of it in a market that remains hyper sensitive to economic news as can be seen by the way the mood turned to risk off on global growth concerns. The price action after the Fed decision will be significant as it could set the tone through the end of summer. 

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