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Forex Weekly Outlook September 8-12

From forexcrunch.com

The US dollar had another strong week in currency markets, bowing only to the Aussie, as the euro and the pound were hit hard. Can we expect a correction or continuation now? US retail sales and consumer sentiment, Australian employment data and a rate decision in New Zealand are among the major events on our calendar for this week. Here is an outlook on the main market-movers coming our way. The star of the week was Mario Draghi: the ECB surprised with further rate cuts and also announced a significant ABS program. This sent EUR/USD down over 200 pips to long uptrend support, a move unseen in a long time. In the US, ... (full story)

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