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US dollar at crossroads
USDX: The FOMC minutes and Friday's
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USDX: The FOMC minutes and Friday's PCE data will decide whether the dollar can hold support and start a recovery toward 99.10, or whether a break of 96.90 will open the way to a new phase of weakness. The US dollar shows restrained gains in the first half of today's session. The dollar index (USDX), building on a bullish impulse that began last week, is testing 97.30 for an upside break as it attempts to return toward yesterday's and the six-day
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Jurij Tolin,
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