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Why is EUR/USD not trading lower?
The conflict in Syria is hard to predict, but adds to an already long list of negatives that the markets have to cope with. On top of weaker PMI momentum globally, lessening liquidity injections by central banks and growing US inflation pressures, the markets also have to swallow a potential two-fronted geopolitical battlefield now: the risk of trade tensions with China and the risk of an outright escalation of military action against Syria (a proxy conflict with Russia). The current environment will most likely only work to emphasise the current trends of weakening PMIs and growing inflation pressure (in particular ... (full story)
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- Apr 16, 2018 4:49am Apr 16, 2018 4:49am
- michaelpelly
- Joined Oct 2012 | Status: Member | 1992 Comments
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- Apr 16, 2018 7:26am Apr 16, 2018 7:26am
- fxsport
- Joined Jul 2007 | Status: Member | 2661 Comments
...because you never know - until you do!
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- Apr 16, 2018 9:24am Apr 16, 2018 9:24am
- michaelpelly
- Joined Oct 2012 | Status: Member | 1992 Comments