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USD Bearish Momentum Set to Continue Through January FOMC
The US Dollar (via DXY Index) has slipped to fresh weekly lows and what would be a fresh low close for 2018, should it fail to rebound the remainder of Wednesday. Market participants are rightly overlooking US President Trump's first State of the Union address as, in recent history, it's been rare to see any legislative follow through on the vision the president lays out (at least as far as this analyst remembers that being the case under Obama, Bush, or Clinton). Instead, attention is rightly tuned to the first Federal Reserve policy meeting of 2018 today. Nevertheless, it doesn't look like the US Dollar will be ... (full story)