09-02-2016 13:06 via liteforex.com

EUR/USD: support from demand for EUR

Forex analytics: Current trendAt the beginning of the month, the EUR/USD pair grew sharply and consolidated in the area of 1.1250 amid negative macroeconomic statistics, released in the US. However, later on, the European currency came under pressure from weak data for Germany and the eurozone as a whole, and the pair was trading within the sideways channel 1.1245-1.1085.Today, amid the lack of macroeconomic ...
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