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EUR/USD: slowly grinding lower

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 30, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    EUR/USD Current price: 1.0562 View Live Chart for the EUR/USD The EUR/USD pair extended its decline by a handful of pips in this first day of the week, but remained confined to a tight intraday range amid investors being cautious ahead of the big events from this last month of the year. Ever since last week, the market has been pricing in the possibility that the ECB will announce, not only an extension of its QE, but further negative deposit rates in a desperate move to boost local growth.

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