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EUR/USD tests major technical area; US data eyed

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 15, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Following yesterday’s sharp sell-off, the dollar has managed to regain some ground against a handful of currencies, such as the Swiss franc and most notably the euro. The latter has eased off slightly after the European Central Bank’s Ewald Nowotny said that the ECB is "clearly missing" its inflation target and that "additional instruments" are needed to stoke inflation. His comments raised hopes for a more beefed up version of QE, causing European stock markets to rise in early trade. But the

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