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Author Archives: EUR Editor

EUR/USD analysis: US Durable Goods take center stage this Monday

The American dollar closed the week with a soft tone across the board, despite Friday’s sharp recovery, higher weekly basis, however, against the EUR, as the common currency remains undermined by political uncertainty in the region, centered at the time ...

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Week Ahead Dollar Mixed As Trump Pro-Growth Policies Remain Vague

The EUR/USD lost 0.459 percent in the last five days. The single currency is trading at 1.0562 after touching lows of 1.0494 in the middle of the week as the minutes from the Federal Open Market Committee (FOMC) were released. ...

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EUR/USD Weekly Forecast February 27-March 3

The euro ended the week lower against the dollar, with EUR/USD closing Friday at 1.0560, a loss of 0.45% over the prior Friday’s close. Last week started off on a quiet note, however, sellers stepped in on Tuesday despite the ...

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EUR/USD: Data Points And Technicals

Yesterday’s FOMC meeting minutes demonstrated the Fed’s hawkish mood as far as a march rate hike is concerned. Nevertheless, the minutes failed to support the US dollar. The EUR/USD was decreasing to 1.0493 before noon, but in the afternoon restored ...

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EUR/USD fails to hold to gains and retreats below 1.0600

EUR/USD pulled back during the American session and erased daily gains, falling back into negative territory for the week. The pair failed to hold above 1.0600 and dropped to 1.0565. The decline from 1.0617 found support around the 1.0560/65 zone.

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EUR/USD to Rise as Meat of Dollar Rally is Behind us says ABN Amro

Further upside gains for the US Dollar is looking increasingly unlikely according to findings by ABN AMRO Bank NV. Accordingly, analysts have written to clients saying they have changed their forecasts for the Dollar against the Euro. “Although there could ...

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EUR/USD Forecast: no love for the EUR

The EUR/USD pair closed the week in the red sub-1.0600, although off its weekly low of 1.0520, as the dollar lost momentum following FOMC’s Minutes and comments from US Treasury Secretary Mnuchin. Many US policy makers vowed for a rate ...

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