Narrow-trading after a strong weakening of the dollar… |
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So far, major pairs are narrow-trading due to strong technical movements after that the dollar weakened to a 15-month low against the currencies of major U.S trading partners as the Group of 20 nations was silent regarding the U.S currency current past movements in the market, leaving in fact the Federal currency to its own destiny. Consequently, the euro-dollar pair is narrow trading as a result of technical movements taking place so far within the currencies market, having the euro trading
Filed under: Fundamental
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