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IC Markets Blog
What happened in the US session? Fed chair Powell’s speech from the Jackson Hole Symposium did not reveal much about the tapering asset purchases but
DXY: Looking at the Weekly chart price may bearish towards the weekly support at 91.8 in line with 38.2% Fibonacci retracement and 38.2% Fibonacci extension.
What happened in the US session? ECB’s Lane remains dovish, suggesting that an end to the pandemic emergency purchase programme is too early to discuss