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ASX 200 Forecast Today - 19/09: Powers Higher (Chart)
(MENAFN- Daily Forex)
- It's clear that there is more risk appetite out there, especially now that the Federal Reserve has decided to cut interest rates by 50 basis points.
- All things being equal, this is a market that has been bullish for some time, and therefore it's likely that we should continue to see a lot of upward momentum in general.
- All things being equal, it does make a certain amount of sense that the market should continue to go higher, due to the fact that the risk appetite has picked up after that interest rate decision.

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