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Back Forecast
Level and Target Adjustments for the U.S. Session – February 17th
Today, the euro and the Australian
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Today, the euro and the Australian dollar were traded using the Mean Reversion strategy. The British pound was traded using the Momentum strategy.Inflation in Germany continued to decline and matched economists' forecasts, which put only slight pressure on the euro. The slowdown in inflation is primarily due to weaker growth in prices for services and energy. Overall, inflationary pressure in Germany is easing fairly quickly, allowing the ECB to take a more accommodative stance. As noted earlier, the currency market
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Miroslaw Bawulski,
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Maxim Magdalinin
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