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Back Technical analysis
EUR/USD – Smart Money Analysis: Optimism Continues to Support the Dollar
The EUR/USD pair has continued to
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The EUR/USD pair has continued to decline for the eleventh consecutive day. During this period, the euro has lost 280 points. The euro's losing streak began the week before last as the market was preparing for an FOMC rate hike. Since then, the market has continued buying the dollar on the basis of the Fed's hawkish monetary policy stance, which is being confirmed daily by FOMC members, who, in turn, are not changing the expected overall magnitude of the rate
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