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Forex Weekly Outlook June 22-26

From forexcrunch.com

The dollar was on the back foot against many currencies in the wake of the dovish Fed decision. Will the greenback continue sliding? US Home Sales, Durable Goods Orders, and final GDP are the highlights of this week. Here is an outlook on the main market movers coming our way. The Fed was being the Fed: no rate hike, lower rate projections and still waiting to be confident that the economy is strong. And more specifically, Yellen was probably Yellen, staying within the dovish camp and seeing only rate hike this year. The dollar was hit hard across the board, with GBP/USD reaching out to new highs and EUR/USD breaking ... (full story)

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