The US Dollar could struggle to overcome technical resistance following softer-than-expected economic data with both ISM Services PMI and ADP payrolls missing market forecast.
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The US Dollar could struggle to overcome technical resistance following softer-than-expected economic data with both ISM Services PMI and ADP payrolls missing market forecast.
from DailyFX – Market News https://bit.ly/3nQwzAZ
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Yellen’s clarification of rate hike comments and the Fed’s dovish stance may continue to drive US equity prices higher near term.
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BoE watchers eyeing a possible QE taper amid the improving UK economic backdrop and QE capacity restraints.
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EUR/GBP continues to slip lower and is nearing a multi-week support level ahead of an important BoE policy meeting where tapering of the UK bond-buying program may be mooted
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Gold pulls back from key resistance, settling back to its recent range as momentum builds
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