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Jumat, 11 Desember 2015

Dollar turns around after Michigan survey shows a chipper US consumer

USDJPY back above 121, EURUSD loses 70 pips from the high

The move in the euro confirms the liquidity issue I pointed out earlier

The Michigan numbers aren’t usually massive market movers but that jump in conditions has halted the slide. As I said in the data post, sentiment is one thing, converting that to cash through the shops is another





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