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Euro Stabilizes at 1.3500 But Pound Continues Slide

posted by Avatar fx360 827 days ago in USD, EUR, Daily

A turbulent night of trade in the currency market with Asia taking EUR/USD down to a new yearly low of 1.3441 in the aftermath of yesterday’s surprising Fed funds rate hike on the close of North American session. However, by mid morning European trade the pair stabilized and climbed its way back to 1.3500 on the strength of better than expected
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