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EXACT TRADING FX Trading News and Nightly Wrap Up |
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Yellen talks down the EURO with hawkish comments about USD rate rises
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| The Euro sold off late this evening as Janet Yellen talked the Euro down by noting that more rate rises for the USD could be on the cards.
The ECB do not want the EURO higher than where it currently is and yellen's comments shoud be considered as a concerted effort between the ECB and the FED to stop the EURO in its tracks. |
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