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EUR/USD Forecast: no love for the EUR
The EUR/USD pair closed the week in the red sub-1.0600, although off its weekly low of 1.0520, as the dollar lost momentum following FOMC's Minutes and comments from US Treasury Secretary Mnuchin. Many US policy makers vowed for a rate hike "fairly soon," but market's confidence about a March hike tumbled amid officers' uncertainty about fiscal policies. On Thursday, US Treasury Secretary Mnuchin expressed his concerns about the high levels of US debt, while adding that new policies would have a limited impact on the economy during this 2017. Also, he said that he "hopes" that the tax reform will pass the Congress by ... (full story)
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- Feb 24, 2017 2:15pm Feb 24, 2017 2:15pm
- Ghassforex
- | Joined Sep 2016 | Status: Member | 1119 Comments
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- Feb 24, 2017 3:47pm Feb 24, 2017 3:47pm
- Lacunoide
- | Joined Sep 2013 | Status: Member | 190 Comments
Buy at the Low, Sell at the High You make money by waiting not by trading.
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- Feb 24, 2017 4:52pm Feb 24, 2017 4:52pm
- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
Beware of robber banks (RB), bad advisors.