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EURUSD Technical Analysis

The Fed has eventually paused at the last meeting keeping interest rates at 5.00-5.25%. They did so because they want to see more economic data before deciding on another hike as they are trying to find the optimal level of monetary restraint to bring inflation down to target without too much pain for the economy. The ECB, on the other hand, raised interest rates by 25 bps as expected and hinted to another hike in July. ECB speakers have also confirmed the upcoming rate hike and signalled anothe... Read More

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Eurusd

Technical

Analysis

Forex

Posted: Jun 20 2023, 07:47

Author Name: forexlive

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