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EUR/USD Forecast: more QE coming?

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 15, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    Market's mood improved during the Asian session, as generally positive data boosted local markets, which led to a strong opening in European stocks. The EUR/USD pair extended its advance up to 1.1494, but shed over 60 pips following ECB's Nowotny words on QE. The government council member said that the Central Bank is clearly missing its inflation target and therefore, "additional sets of instruments are necessary" according to his words. The comments came ahead of the ECB meeting next

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