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Analysis

A hawkish cut sparked a Dollar and USD/JPY reversal [Video]

During today’s TradeGateHub Live Trading, a hawkish cut sparked a reversal in both the dollar and USDJPY. Coach suggested that yesterday’s move was likely a stop-hunt below July’s low. Precious metals, particularly gold, appeared vulnerable, while Dale highlighted the overthrown line in the S&P 500 and provided an update on Uber. Meanwhile, the 10-year yield hit Coach’s 4% target and has begun to recover.

 

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