04-01-2016 09:35 via liteforex.com

EUR/USD: pair growing

Forex analytics: Current trendToday the pair is strengthening amid growing tensions in the Middle East where Saudi Arabia broke off all diplomatic ties with Iran on Sunday. Currently investors switch their funds into safe-haven currencies, such as the Franc and the Yen.In addition, the US Dollar was pressured by poor data from China where the Caixin Manufacturing PMI fell to 48.2 points, while economists ...
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