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EUR/USD Weekly Forecast October 31-November 4
EUR/USD formed a base in the past week and posted an advance to erase losses from the prior week to snap a three-week losing streak. The week had less to do with risk events on the economic calendar as market participants focused on the week ahead. The upcoming week will be volatile. The economic calendar shows a number of high-impact data releases, including the last Federal Reserve rate decision and statement ahead of the much anticipated December meeting where markets at this point show little doubt that a rate hike will materialize. Among the central banks, the Fed has faced many hurdles in tightening policy even ... (full story)
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