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EUR/USD Forecast: tight range as ECB looms

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 2, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    The EUR/USD pair holds above the 1.0600 level this Wednesday, but has been unable to rally beyond yesterday's high of 1.0636, still confined to a tight range amid upcoming ECB. The European Central Bank has largely anticipated that the will review the amount of QE during December, and there were also some comments regarding the possibility of turning deposit rates further into negative territory, all in an attempt to boost inflation. Despite Draghi has said many times that policy makers

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