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Thursday, January 25, 2018

[FOREX NEWS] USD recovers amid two attempts to talk it up – only a dead cat bounce


US Treasury Secretary Steven Mnuchin said that “a weak dollar is good for the US“. The greenback was already on the back foot and his words sparked a bigger drop in the currency. The USD sell-off is now experiencing a pause. A natural correction after a big move certainly makes sense, but there are also [...]

The post USD recovers amid two attempts to talk it up – only a dead cat bounce appeared first on Forex Crunch.



via Forex Crunch

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