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EUR/USD reverses and prints fresh highs after reports on North Korea
EUR/USD bounced sharply from the lows and rose 50 pips during the last hour after reports of a potential missile test from North Korea this weekend. The pair broke above 1.1715 and printed a fresh daily high at 1.1737. North Korea is ready to test a missile capable of reaching the U.S. West Coast - Sputnik USD losses strength, EUR remains resilient The euro was showing signals of resilient posting gains across the board after the US payrolls report. Despite the US rally, EUR/USD fell modestly. The increase in market odds of a rate hike from the Fed in December pushed the greenback to the upside. US: Storm-skewed ... (full story)