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EUR/USD Forecast: grinding, lower, seen below 1.0600

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 17, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    The common currency has extended its decline against the greenback down to a fresh 7-month low below the 1.0650 level. The American dollar rallied against all of its major rivals during the Asian session, as the strong close in Wall Street led to a recovery in overseas local share markets. Trading a few pips above the mentioned low, there are no macroeconomic releases scheduled for today in Europe, while in the US, inflation readings will take center stage ahead of the local

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