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Forex Market Outlook for the Week October 23 – 27, 2017

From fxdailyreport.com

Last week, the U.S. dollar registered some gains against most currencies around the world, but the gains were limited. As of now, the Federal Reserve is all set to hike rates in the month of December, even though inflation continues to remain weak. Statements made by top Fed officials clearly indicate the same. The news related to progress made on tax reforms, despite the fact there is a lot to be done, helped the greenback become stronger against many currencies. Meanwhile, the euro somehow managed to keep its gains in spite of the deterioration of situation with respect to the Catalan crisis. However, Bank of ... (full story)

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  • Category: Fundamental Analysis