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EUR/USD selling could be short-lived

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 19, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The EUR/USD has started this week how it ended the last one: lower. Thanks to some mildly positive US economic numbers at the end of last week and the Fed’s insistence for a 2015 lift off, the dollar has found some support. The euro meanwhile has been weighed down by speculation about the possibility that the ECB may beef up its bond-buying programme if inflation weakens further. Unfortunately, there are not much data scheduled for release today to alter these views significantly, so Fed

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