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EUR/USD Forecast: limited downward potential

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Apr 5, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    Risk-averse sentiment deepened this Tuesday, as stocks plummeted in Asia, leading to a strong advance in safe havens gold and yen. The common currency is holding pretty fairly against the greenback, trading around the 1.1360, despite the March Markit Services and Composite PMIs for the region showed that growth remained subdued during the first quarter of 2016. The final readings for this past month suffered downward revisions, except from Spain one, with the final Services PMI for the

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