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Euro in a Tug of War

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

Euro continued its massive short covering rally in Asian session today rising to a high1.2650 but trading was very volatile with the unit moving in 50 point chunks up and down as markets remained skittish. Yesterday’s massive 300 point reversal in North American session was a classic short squeeze that we have been expecting since last week given
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