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EUR/USD upside now targets 1.2500 – UOB

In view of FX Strategists at UOB Group, the up move in spot could re-visit the 1.2500 neighbourhood in the near term. 24-hour view: “The anticipated extension to 1.2465 did not materialize as EUR eased off quickly after touching a ...

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EUR/USD and USD/JPY held tight ranges

Yesterday, sterling initially traded with a slight negative bias. The EU draft negotiation paper showed that the block isn’t prepared the meet UK calls for a deep cooperation and free access to the EU market (including for financial services). EUR/GBP ...

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EUR/USD sidelined around 1.2400 ahead of ECB

The pair retreated from recent tops and now gyrates around the 1.24 handle. USD steady in the mid-89.00s, focus on Trump, protectionism. ECB meeting next of relevance for the pair today, some dovish tone expected. The shared currency is alternating ...

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EUR/USD Forecast: indecisive ahead of the ECB

Bearish pressure surrounding the US Dollar eased a bit after White House spokeswoman Sarah Sanders hinted that the expected US tariffs on steel and aluminium imports may exclude few countries. Meanwhile, the EUR/USD pair retreated from 2-1/2 weeks tops and ...

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EUR/USD – Bulls in control ahead of the ECB

Recent price action indicates the EUR could re-test the yearly highs above 1.25. Focus on ECB’s language on the ECB. The EUR’s move above the double top neckline of 1.2201 on Mar. 1 trapped bears on the wrong side of ...

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