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European Market Update: European Q3 GDP Data Highlight Fragility Of Recovery In Region

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Nov 13, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    EUR/USD consolidated its recent gains following a short-covering squeeze in Thursday session. The pair peaked at 1.0831 yesterday. The rally seemed aided by comments from ECB chief Draghi that keeping rates too low too long posed risks. The pair was lower by 0.5% in the session as European GDP data[​IMG]

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