EUR/USD did NOT set a new reaction low |
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On Monday, the EUR/USD currency pair developed a rollercoaster trading pattern. There was both good and bad news coming in for the single currency. The good news was that EUR/USD took quite a decent start to the new trading week and the pair didn’t set a new correction low suggesting that the sell-off might be slowing. The less positive news was that the early ‘strength’ was very soon blocked by some albeit less important news headlines from South European countries (e.g. some press reports
Filed under: Fundamental
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