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EUR/USD Forecast: limited advances ahead

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 16, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The EUR/USD pair trades barely above its Monday's close, having remained contained in a tight range below the 1.1200 level ever since the day started. Nevertheless, the positive mood among investors extends for a third day in-a-row, with stocks having advanced during the Asian session, and oil prices advanced beyond $30.00 a barrel. The pair is posting a tepid advance in the European morning, helped by a sudden surge in the GBP ahead of the release of critical inflation data, and later today,

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