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EUR/USD: Going Bearish Next Week: Range & Outlook - BTMU

Discussion in 'Market News' started by ForexLive, Feb 18, 2016.

  1. ForexLive

    ForexLive Forum Member

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    EUR/USD down 17 pips to 1.1110 The Bank of Tokyo Mitsubishi UFJ likes the downside. This is what they had to say in a note today. "While last week was about increased concerns over the European banking sector and concerns over global growth, this week has seen banking sector fears ease - the Markit iTraxx Europe Subordinated Financial Index has retraced over half of the climb that began in February as fears over funding ease.

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