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EUR/USD – Smart Money Analysis: Euro Declines for 10 Consecutive Days
EUR/USD has continued to decline for
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EUR/USD has continued to decline for ten consecutive days. During this period, the European currency has lost 230 points. The decline in the European currency began the week before last as the market prepared for an FOMC rate hike. Since then, the market has continued to buy the dollar based on the Fed's hawkish stance on monetary policy. Nothing can currently stop the decline in the euro. Neither tighter ECB policy, nor positive economic data from the European Union, nor
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Samir Klishi,
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