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EUR/USD: Euro Hits One-Year High after Disappointing US PPI/Jobless Claims Data

EUR/USD: Euro Hits One-Year High after Disappointing US PPI/Jobless Claims Data
The Euro rose to one-year high on fresh acceleration through psychological 1.10 barrier and former top at 1.1032 (Feb2), lifted by weaker dollar on below-expectations US CPI and jobless claims/PPI miss. Weekly close above broken pivot at 1.0942 (50% retracement of 1.2349/0.9535 / 100WMA) is needed to confirm bulls, with sustained break of former high […] The post EUR/USD: Euro Hits One-Year High after Disappointing US PPI/Jobless Claims Data appeared first on Action Forex... Read More
Posted: Apr 13 2023, 14:07
Author Name: actionforex
Views: 082040

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