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  • Forex: Top FX Headlines: USD/JPY False Breakout Coincides with US S&P 500 Breakdown: 11/2/16

Forex: Top FX Headlines: USD/JPY False Breakout Coincides with US S&P 500 Breakdown: 11/2/16

By on February 19, 2021 0 8 Views
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– Ugly mix of performances across asset classes today that add up to global markets pointing in a strong “risk off” direction.
– Today’s FOMC meeting is nothing more than procedural; they’re not raising rates on the doorstep of US Presidential elections. Expect a hawkish tone as the FOMC prepares markets for a December rate hike (if Clinton wins).

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