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Dollar pushed to the limit, narrowly holds its ground

Dollar pushed to the limit, narrowly holds its ground
On the balance of things, the dollar suffered in trading last week. However, the Friday turnaround was a notable one - not just because of how the dollar recovered but also because of what that meant for the technicals. In particular, against the euro and pound.EUR/USD had looked like it would sustain a break above 1.1000 and push for fresh highs in over 12 months. But that breakout was pulled back towards the end of the week, even if buyers may still be holding on to some bullish momentum.There... Read More
Posted: Apr 17 2023, 03:10
Author Name: forexlive
Views: 102570

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