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EUR/USD Forecast: holding ground, still bullish

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 9, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The American dollar resume its decline during the past Asian session, as the Japanese yen accelerated its advance, with the USD/JPY reaching 114.20 a level not seen since November 2014. The EUR/USD pair advanced up to 1.1237 on dollar's broad sell-off, but eased with the European opening, weighed by poor German data. The country's trade balance showed a surplus of €18.8B against expectations of €20.2B, while imports and exports decline by 1.6% in December. Industrial production in the country

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