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EUR’s Trading Void is Deep
What is this market waiting for now? The US debates, CPI and/or US November employment numbers? What ever it is, this market is lacking true conviction. Price movement are being easily influenced by headlines and not technicals. Big picture direction is 50:50 so it seems, and a flat line price movement with a spikes seem to prove that. So far the single unit has managed to claw back from its early bashing in the Far East, a follow on from the previous session. That said, underlying sentiment seems to be risk adverse, as markets continue to eye the Spanish and Greek budget and bailout situation. As outlined ... (full story)
