Investors encountered just another week with a further slump on the EURUSD market |
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Macroeconomic data from the US market surprised investors with better than expected readings on new home sales which increased by 526 thousand against an expected increase by 522 thousand. Though the increase was slightly more than expected investors do have the tendency to react more emotionally when positive data is published from the ailing real-estate market. Better data was also produced by core durable good orders which increased by 2.5% against an expected increase by a mere 0.4%. What
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