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Eur/Usd: Trade of The Day

posted by Avatar caseystubbs 1053 days ago in USD, EUR, Technical made popular 1053 days ago

This morning the news to watch is new home sales. If the number is better than expected we could see a move in the Euro or if the number is worse than expected I think the Dollar could move higher. This is because of risk aversion and traders putting money in the Dollar because it is viewed as a safe haven.
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