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EUR/USD Forecast: USD stronger on commodities' declines

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 21, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    Risk appetite eases at the beginning of the week, with Asian share markets weaker, and European stocks in the red, as commodities are on retreat. The Shanghai Composite however, closed in the green as China loosened controls on margin lending. Oil is lower, with US futures approaching $40.00 a barrel, as gold trades $10.00 lower from its Friday's close, supporting a tepid advance in the greenback all across the board. Later on the day, the US will release some housing figures that may imprint

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