Yesterday, the EUR/USD pair fell to the key level of 1.10 for the first time in nearly three weeks. Currently, we observing a technical correction – the pair trades near the level of 1.1040, by adding 0.1%. The Euro remains supported on the back of persistent risk-aversion and the resultant broad USD weakness. During the day, we expect a release of economy data from the US. Analysts expect a slowdown – that may support the EUR/USD pair [...]
Author: hiwayfx
Tags: Economic News Currency Trading Financial News euro gold usd oil forex trading broker
Posted: 23 February 2016
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Daily Market News - February 23rd, 2016
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