Electrifying news |
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The main topic at the beginning of this past week was the electrifying news that the U.S government plans to spend $700 billion to save the tumbling financial market. After the information leaked to the public, the EUR/USD reached its weekly high at $1.4865, being at the same time an important resistance level. Not being able to brake this important level, the Eurodollar began its correction movement and finish the week at $1.4590, despite worse news from the American economy – GDP in the 2nd
Filed under: Fundamental
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