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EUR/USD maintains gains on weak dollar

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 11, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The current surge in EUR/USD may have been somewhat difficult to imagine just a few months ago when it seemed that most market participants had a strong bearish outlook for the currency pair. That bearish bias stemmed logically from the argument that the prevailing monetary policy stances between the European Central Bank (ECB) and the US Federal Reserve remained highly divergent, with a consistently dovish ECB pressuring the euro and an increasingly hawkish Fed supporting the dollar. Fast

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