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Wednesday, May 9, 2018

[FOREX NEWS] Is this EUR/USD bounce for real?


The EUR/USD reached new 2018 lows at $1.1822 but is bouncing back amid an improved mood. US bond yields are rising, and markets are bracing for an Iran deal without the US. The technical picture shows that the pair is in deeply oversold conditions. The EUR/USD is trading around $1.1860, flat on the day and after having [...]

The post Is this EUR/USD bounce for real? appeared first on Forex Crunch.



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