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Euro/dollar managed to remain at the same levels,
but it was very very choppy. The upcoming week consists of important
GDP and inflation numbers, important for the next rate decision. Here
is an outlook for the European events, and an updated technical
analysis for EUR/USD.
Trichet’s intervention in the markets finally came and helped the
debt crisis get off the headlines, and helped the euro stabilize. Ben
Bernanke helped in stabilizing as well, by pledging not to move the
rates for two years. Has the extreme volatility ended? Or is it around
the corner?
Learn more.... |
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