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EUR/USD Forecast Nov. 24-28
EUR/USD traded in range for some time, but eventually lost ground and closed under 1.24. Can it extend its falls?The main events this week are the preliminary inflation releases, employment data as well as another German business survey. Here is an outlook on the highlights of this week and an updated technical analysis for EUR/USD. After long months of falls, Germany’s ZEW business confidence finally bounced back as investors returned to optimism. However, fresh purchasing managers’ indices disappointed. Germany’s flat manufacturing PMI was especially worrying. The final blow came from ECB president Draghi: he ... (full story)
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