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EUR/USD Forecast September 26-30
EUR/USD made an attempt to move higher, but never went too far A key German survey, fresh inflation figures and Draghi’s testimony stand out. Will we have a breakout to close September? Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. Worries about a hard Brexit and some weaker data weighed on the euro. PMIs were mostly positive but did not cheer up the common currency. The Fed was at the center of attention: the rates were left unchanged as expected, and the door is wide open to a hike in December. EUR/USD enjoyed the no-hike message, but this did not last too long. ... (full story)