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EUR/USD: Upward Rebound Gains May Remain Weak
As we predicted earlier, the Euro will remain weak as long as economic and political tensions in the largest economies of the Eurozone persist and increase. As a result, investor appetite for the Euro has weakened. For two consecutive days, the EUR/USD currency pair has attempted to rebound upward, but its gains have not exceeded the level of 1.0544 before settling around 1.0515 at the time of writing this analysis. Dear reader, we previously mentioned that the Euro's price in the Forex market may remain weak for a longer period due to several factors. Furthermore, the most prominent of which is the widening scope of ... (full story)