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US: Final days of Fed speakers could be key – MUFG

By : Mex Group

US: Final days of Fed speakers could be key - MUFG

9 September 2016, 13:25

Derek Halpenny, European Head of GMR at MUFG, notes that the EUR/USD rate advanced further in the aftermath of the unchanged monetary stance but the dollar rebounded from the low of 1.1327 with market participants perhaps still not entirely convinced of the outcome of the upcoming Fed monetary policy meeting on 21st September.

EUR/USD 0001-01-01T00:00:00
0/0 (0%)
H0 L0

S3S2S1R1R2R3
1.1265534162521 1.1269767284393 1.1276533603668 1.1287533044815 1.1291766166687 1.1298532485961

Trend IndexOB/OS Index
Bullish Overbought