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EUR/USD Forecast: lower in range

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 7, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    The common currency eases this Monday, after failing to sustain gains above the 1.1000 figure against the greenback. Stock trade generally lower in Asia and Europe, despite Chinese authorities announced they will focus on reactivate growth this year, as over the weekend, growth target was revised lower to a range of 6.5% to 7% from previous 7%. In Europe, Germany Factory Orders for January decreased by 0.1%, less than the 0.5% expected, but the second consecutive monthly decline, indicating

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