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Eurozone: The Welcome Appreciation Of The Euro
Article By: Carsten Brzeski
Thursday, August 6, 2020 5:33 AM EDT
The recent strengthening of the euro exchange rate provides new arguments for the ECB to eventually step up its Pandemic Emergency Purchase Programme.
In this article: FXE
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Euro Forecast: Resistance Holds, For Now - Key Levels For EUR/JPY & EUR/USD
Article By: DailyFX
Monday, August 3, 2020 7:44 PM EDT
The Euro, the best performing major currency since mid-May, capped off its best monthly performance since September 2010. EUR/USD rates posted gains of +4% for the first time since March 2016, while EUR/JPY rates gained the most since June 2017.
In this article: FXE, FXY
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EURUSD Daily Analysis – Monday, August 3
Article By: ForexCycle
Monday, August 3, 2020 6:31 PM EDT
EURUSD is in consolidation for the uptrend from 1.1168. Range trading between 1.1650 and 1.1908 would likely be seen in a couple of days.
In this article: FXE, UUP
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Critical Week For The Euro
Article By: Cory Mitchell, CMT
Monday, August 3, 2020 4:21 PM EDT
The Euro enters one of its most important weeks since its introduction. The Bundesbank’s President, Jens Weidman, must respond to the German constitutional court ruling that some of the ECB asset purchases were “illegal”.
In this article: FXE
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EURUSD Weekly Analysis – Sunday, August 2
Article By: ForexCycle
Sunday, August 2, 2020 5:22 PM EDT
EURUSD stays above a rising trend line on the daily chart, and remains in the uptrend from 1.0635. As long as the trend line support holds, the upside movement could be expected to continue, and the next target would be around the 1.2100 area.
In this article: FXE
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