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Forget Euro Sentiment, Yellen to Provide FX direction
The forex market has seen some movement. Any decent change in currency prices provides investors opportunity, something that has been in short supply over the past month. This week a plethora of economic data releases, coupled with a handful of Central Banks rhetoric is expected to make a meaningful impact. Over night in Australasia, it was the BoJ and the RBA who got the ball rolling. However, they have both been trumped by price data out of the UK and consumer sentiment in Germany so far in the euro session ahead of the stateside handover. UK Inflation on the rise UK inflation accelerated last month and house ... (full story)
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Everyone can see the chart, but only a few can actually read it.
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