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27 Sep 2013
Flash: Dollar confined on issues unresolved - BBH
FXstreet.com (London) - Research teams at BBH said the US dollar remains primarily confined to yesterday's trading ranges.
Key Quotes:
“The US dollar remains primarily confined to yesterday's trading ranges and has spent most of the week consolidating within the ranges established after the Fed's decided not to taper its purchases of long-term assets last week”.
“There had been much potential, with the German election, the flash PMI data, US fiscal morass, and month and quarter-end considerations”. “However, rather than induce activity, a choppy, though largely directionless week has been recorded and many key issues remain unresolved”.
Key Quotes:
“The US dollar remains primarily confined to yesterday's trading ranges and has spent most of the week consolidating within the ranges established after the Fed's decided not to taper its purchases of long-term assets last week”.
“There had been much potential, with the German election, the flash PMI data, US fiscal morass, and month and quarter-end considerations”. “However, rather than induce activity, a choppy, though largely directionless week has been recorded and many key issues remain unresolved”.