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Andrew Nyquist: Dollar rally is like a rubber band - FXStreet

FXStreet (Łódź) - In an interview with Dale Pinkert at FXStreet’s Live Analysis Room, Andrew Nyquist, founder of See It Market, likens the current dollar rally to a rubber band, which can either continue stretching or to can break.

Key quotes

"Commodities and Euro are very oversold."

"No signs of a turn yet."

Draghi's speech not expected to focus on immediate outlook for monetary policy - RBS

Brian Daingerfield and Flavia Cattan-Naslausky, FX Trading Strategists at RBS suggest that ECB head Mario Draghi's speech today at the Euro Conference in Vilnius, Lithuania should not provide us with projections for the central bank's moves in the nearest future.
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