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NFP and options, a good match

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 29, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    The EURUSD has been on a constant decline since it reached a most recent high at 1.13420. Failure to go past that level brought price lower again in 7 straight down days to its most recent low at 1.11434. The most recent action by the ECB to lower interest rates even further has weighed heavily on the Euro. The ECB’s lending rate is now zero percent and the deposit rate is now minus 0.40%. The only alleviation for the Euro comes from talk of the Fed down playing their chances of hiking

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