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MUFG stays short EUR/USD in its trade of the week - targeting a drop under 1.08

This is via the folks at eFX. For bank trade ideas, check out eFX Plus. For a limited time, get a 7 day free trial, basic for $79 per month and premium at $109 per month. Get it here. "We instigated this trade idea last week following the failure of EUR/USD to maintain levels above 1.1000 and given the ongoing resilience of US yields as US economic data continues to show limited signs of a slowdown or recession. Nothing has changed this week to justify closing this position and we see a cont... Read More

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Content Topics

Mufg

Stays

Short

Eur

Usd

Trade

Week

Targeting

Drop

Under

Eur usd

Forex

Posted: Aug 20 2023, 23:30

Author Name: forexlive

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