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Euro slips on downbeat German Q1 GDP

That is seeing the euro get dragged down to the lows for the day with EUR/USD hitting 1.0985, down 0.4% now. Meanwhile, EUR/JPY is also off its earlier highs of 149.50 to around 149.00 now but the pair is still poised for a breakout in a climb to its highest levels since December 2014 - mostly due to yen softness.For the euro, both charts do hold some key technical importance as outlined below:EUR/USD stays in the hunt for that upside break this weekEUR/JPY knocks on the door of its October high... Read More

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Euro

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Downbeat

German

Forex

Posted: Apr 28 2023, 08:09

Author Name: forexlive

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