don't find the correct answer in market. just feel it and follow the wave.
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EUR/USD: Downside To Extend Into Early 2015 - Barclays
Plenty of macro and technical factors are currently in play for EUR/USD to extend its slide into the coming few weeks and to start early 2015 on a weaker note accordingly, says Barclays Capital. "We think extremely low euro area December inflation (7 January; Barclays and consensus: 0.0% y/y) will support our call for further ECB easing through the announcement of European government bond purchases at its 22 January meeting and provide a catalyst for further EURUSD depreciation during next year). In contrast, last week’s December FOMC statement and press conference confirmed our view that the Fed will begin ... (full story)
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