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Risk Trade Keeps EUR/USD Above 1.5000

posted by Avatar fx360 927 days ago in USD, EUR, Technical made popular 927 days ago

The risk trade was on in full force in overnight trade as high beta FX rose steadily in Asian and early European session in the wake of strong data from China and better employment results from UK. Chinese Industrial Production, Retail Sales and Trade Balance numbers all beat expectations suggesting that the Asia giant remains the locomotive
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