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Forex Trading Outlook for the Week of September 7, 2015

Forex Trading Outlook for the Week of September 7, 2015

5 Years ago | September 04, 2015 00:00:00

The coming week sees a light economic calendar in what is likely to be a holding pattern waiting for the FOMC decision on September 17. I personally do not see what the big deal is about a 25bp rate and why equity markets should be so spooked by it but this is the hand we are currently dealt. In any case, the dovish ECB has knocked the EUR off its perch and while below 1.12, the risk is for a run at 1.1000-10 as I explain in my video outlook.

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