Hello everybody and welcome again. Dollar sank yesterday, pushed by the general pessimism of the American economic situation, and probably ahead of today’s FED rate cut. Add to this, the thin conditions we have by this time of the year, that produce those exaggerated price movements, and here we are. Only Japanese yen remains “quiet” as the fight there, is tied at the moment. News published earlier in Europe and England shown some improvement just for England and the rest of the readings where negative, reminding us conditions in the Euro zone are far for improving. Anyway, we have a really busy day ahead, with lots of fundamentals and late in the afternoon, FED’s rate decision, so let’s start early with technicals. You can check today’s calendar following this link:
http://www.fxstreet.com/fundamental/economic-calendar/
Be back in a few minutes, have a great day!
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