Source: Advanced Currency Markets |
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EURUSD topped out at 1.3074 yesterday, and then collapsed back down to 1.2898 lows in the afternoon. Even though the pair managed to stabilize at depressed levels overnight, it seems inevitable that the selling pressure returns at some point. Yesterday’s Eurozone CPI estimate for December was in line with expectations at 2.8% (down from 3.0% in the month prior), but this moderation in inflation… | ||||||||||||||||||||
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