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Euro Forecast: ECB Meeting Will Aim to Keep EUR/USD Stable, All Settings Unchanged
The last few sessions have been better for the Euro, with EUR/USD recovering gently some of its recent losses, but a sustained rally from here remains unlikely. As has been the case for some time now, the European Central Bank, along with the Bank of Japan and the Swiss National Bank, has been right at the back of the queue of central banks intending to increase interest rates. That will continue to hold back the Euro, even though recent research has suggested that EUR/USD is one of the currency pairs most sensitive to changes in “risk on, risk off” sentiment in the markets and that interest rate expectations are ... (full story)
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