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Forex Trading: Asian Session Recap and Ranges

Posted by Akhilesh Ganti on Sep 12, 2013 10:58:00 PM

The start of the week's last trading day was quiet as the US Dollar traded with a slightly bid tone against its peers. US Retail sales report, due out a bit later, is the only major economic data event on the docket that has the potential to generate volatility. With the much anticipated FOMC meeting slated for next Wednesday, a robust consumer spending number might just convince those on the fence that the economy is strong enough to withstand a reduction in stimulus. 

Ranges: {charts: 30min / WorldWideMarkets}(click to enlarge)
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