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Uncertainty For EURUSD as ECB Meets on Thursday
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👤Lisa Harris
🕔July 20, 2016
- ECB meeting slows movements in the EURUSD
- Negative sentiment trails EU countries
The EURUSD now orbiting the 1.10 line, remaining unchanged following its losses on the Tuesday session.
Remarks made by the Bank of England’s monetary policy committee member Martin Weale led to a considerably solid rally in the GBP, stating that “the case for near term stimulus, specifically a rate cut, is far from clear cut at the moment.…
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Is the USD unstoppable?
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👤Lisa Harris
🕔July 19, 2016
The USD continues to make reach new highs as it broke a new resistance level today. The dollar has been winning against major currencies with big moves of strength observed against the Great British Pounds, Australian and New Zealand Dollars.
The US dollar has maintained a fairly consistent range since the EU referendum, which shows in the recent upward sloping of the US dollars chart.…
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