Disliked{quote} Swiss Franc is soaring. Please stick around...please please....you still have those invaluable noob instincts which we all like to fade. There is nothing more valuable than noob instincts...the greener the better. SL @1359...I'm not willing to give much back!Ignored
If we compare the macroeconomic statistics, the position of the euro looks surprisingly stable. Since mid-October, the EUR / USD pair has chosen the trading range of 1.1265-1.1485, and several attempts by the bulls to bring quotes beyond its upper boundary ended in failure. Yes, the US dollar is under pressure from a change in the worldview of the Fed, which in December was ready to continue to normalize monetary policy, and in January began to insist on a long pause. However, this is not the only factor. According to Société Générale, the euro is supported by the recovery of the yuan. As soon as USD / CNY returns to growth, the main currency pair may fall to 1.12.
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