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Eur: Dissecting Price for Intervention Clues

posted by Avatar fx360 736 days ago in USD, EUR, Daily made popular 736 days ago

The euro staged another sharp recovery against the U.S. dollar in a move that was volatile enough to trigger additional speculation of European Central Bank intervention. In a matter of 2 hours, the euro climbed more than 250 pips against the U.S. dollar from a level of 1.2340 to a high of 1.2598. Since there was no data released at that time and
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