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EUR/USD: No fireworks, yet…
Major pairs remain comatose with Tuesday almost over, with all eyes focused in US elections results, that will slowly start to appear in the next Asian session. While a winner will naturally surge, the result of the election will likely end with the same outcome when it comes to forex market: the end of uncertainty. Right now, markets are not sure where to go as despite stocks and commodity surged strongly over the last few hours, currencies were unable to move. Still seems a lose/lose situation for greenback, at least in the short term. For the EUR/USD, the pair stands above the 1.2800 mark, still capped by 1.2840 ... (full story)