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durable goods orders, fed minutes, eur/usd 1.40

posted by Avatar fx360 1394 days ago in USD, EUR, JPY

With Chinese stocks down 5 percent overnight, another wave of risk aversion has seeped into the currency markets. Since last week, we have been saying that the range trading in the major currency pairs is a reflection of hesitation and uncertainty. Without good news to lift the EUR/USD and USD/JPY higher, there is no compelling reason for currency
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