tradeforaliving

Dollar weak after disappointing data and yellen speech

FX:USDOLLAR   Dow Jones FXCM Dollar Index
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As we can see in this chart the dollar lost some ground thanks to yellen's dovishness and disappointing data, but to be fair I don't think UK or the EUROZONE had amazing data neither, the EURO             is under pressure and the pound had already priced in a possible hike in interest rates in 2015, I think even if slowly the dollar will gain some strength but for the short term I remain neutral
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