Thursday 13 October 2016

The dollar took a pause in the light of the events risk

The US currency gained support after the publication of the Fed minutes, however, it was short-lived growth. Despite the rather "hawkish" tone of the document, confirming a high probability of tightening monetary policy until the end of the year, the dollar, updating the long-term highs, moved to the correction mode. Most likely, the players decided to partially withdraw profits at high levels, as the USD tomorrow should pass two important tests - the speech of the Central Bank J. Yellen and report on retail sales.


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