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Providing support for the Forex pair the last several days has been expectations of higher interest rates after the Fed raised its benchmark interest rate on September 26 and strongly suggested another. The US dollar rallied slightly during the day on Monday, but then sat a bit still. Perhaps it is a bit exhausted, as we have been so bullish as of late.
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Doubling this money supply is devaluing the Yen, boosting exports; but, increasing prices of imports at the same time, especially for commodities. E-Mail Please enter valid email. Phone Number Please fill out this field. Country Please Select Please select a country. Yes No Please fill out this field. For more info on how we might use your data, see our privacy notice and access policy and privacy website.
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