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EUR/USD set to extend its falls as taper talk pushes dollar higher

EUR/USD set to extend its falls as taper talk pushes dollar higher

EUR/USD has been edging lower amid signs the Fed is inching toward buying fewer bonds. Time to tumble? Yohay Elam, an Analyst at FXStreet, believes so. Three signs Fed is tiptoeing toward tapering “Time to…

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EUR/USD teases 1.22 on USD pullback, German HICP inflation eyed

EUR/USD teases 1.22 on USD pullback, German HICP inflation eyed

EUR/USD reverses Friday’s losses whilst bulls step back from the intraday top. Off in the US, stimulus hopes propel risk-on mood, drag DXY. Germany’s Preliminary HICP for May keeps reflation fears on the table but not signaling…

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EUR/USD is on course for this years’ high at 1.2349 – Commerzbank

EUR/USD is on course for this years’ high at 1.2349 – Commerzbank

EUR/USD is approaching this year’s high at 1.2349. within the end of the day , the pair targets 1.2556/1.2619, 2018 high, the 200-month moving average, and therefore the 55-quarter ma, Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank,…

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EUR/USD climbs to 3-month highs beyond 1.2200

EUR/USD climbs to 3-month highs beyond 1.2200

EUR/USD finally surpasses the key 1.2200 barriers on Tuesday. The sell-off within the dollar forces DXY to interrupt below 90.00. EMU flash Q1 GDP figures next of relevance within the euro docket. The buying pressure around the single currency remains well and…

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EUR/USD: Strong resistance aligns at 1.2185- UOB

EUR/USD: Strong resistance aligns at 1.2185- UOB

EUR/USD keeps the positive bias unchanged, although it still faces strong resistance at 1.2185, suggested FX Strategists at UOB Group. Key Quotes 24-hour view: “Yesterday, we highlighted that EUR ‘could still advance albeit overbought conditions suggest that subsequent major resistance at…

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EUR/USD is well-positioned to take advantage of better than expected German GDP

EUR/USD is well-positioned to take advantage of better than expected German GDP

Germany is predicted to report a drop of 1.5% in output within the half-moon of 2021. within the view of FXTStreet’s Analyst Yohay Elam, the publication of German GDP seems like a “win-win” situation for EUR/USD bulls as expectations could also be too low and amid…