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EUR/USD Forecast January 13-17
EUR/USD had an interesting week, in which it managed to emerge from the lows and end higher. Can it break out of range? Industrial Production, the ECB Monthly Bulletin and inflation data are the highlights of this week. Here is an outlook on the major events and an updated technical analysis for EUR/USD. After the ECB left the rates unchanged for a second month in a row, Mario Draghi reassured that the central bank keeps track of money markets to prevent further damage to the euro and promised to deal with falling inflation in the Euro area without specifying the means of action. This hurt the euro, but the pair was ... (full story)
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