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EUR/USD Forecast Feb. 16-20
EUR/USD traded in a narrow range for long periods, a feat unseen for a long time, but eventually made a nice move higher. Greece remains in the limelight, but we also have the first ECB meeting minutes, PMIs and other events to move the common currency. Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. Greece was left, front and center. Tough rhetoric was heard from both sides around the Eurogroup meeting. Greece seems to be willing to compromise on some aspects but still wants a change in debt repayment. Germany seems willing only to change the word “troika” but ... (full story)