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EUR/USD retreats to 1.11 as Fed rate bets rise

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 15, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Technical Analysis EUR/USD retreats to 1.11 as Fed rate bets rise “Dollar strength has been seen to restrain the Fed in some way, but I think, obviously, so far this year, the dollar appreciation has very clearly unwound.” - State Street Global Markets (based on Bloomberg) Pair’s Outlook EUR/USD ended the Monday session with a slight loss of about 35 pips, as it touched the 1.11 mark where a declined was ultimately stopped. US Dollar gained ground amid expectations the Fed is going to raise

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