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EURO Marches Higher

From marketpulse.com

The Euro is doing its best to shake that ‘bad boy’ image as it again attempts to climb higher outright versus the dollar. Given the forex markets current run of unpredictable moves, only time will tell if the single unit is capable of taking on yesterday’s key resistance points. From a market positional standpoint, long U.S dollars against almost anything, still remains the dominant reason for the EUR to squeeze higher on its own. Currency moves have been rather erratic since the Fed surprised investors by indicating that it’s in no rush to hike U.S rates anytime soon. Over the past few sessions, the EUR has managed ... (full story)

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