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Forex Trading Outlook for the Week of March 7, 2016

Forex Trading Outlook for the Week of March 7, 2016

4 Years ago | March 04, 2016 00:00:00

The dollar is ending the week on the defensive despite a stronger-than-expected jobs report and a risk on mood in stocks and commodities. Even the EURUSD has shown some life and its focus will likely stay on the 1.10 level to set its tone after bouncing off its 200 day mva (1.1044). The JPY has been the weak link (note crosses) as USDJPY is up slightly on the week but continues to struggle to put the elusive 115 back on the radar. See my view for the coming week

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