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EUR/USD slumps to new yearly low below 1.1350
Jun 25 at 04:49
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Jun 25 at 04:49
EUR/USD stays under bearish pressure and trades at its lowest level in a year below 1.1350 on Wednesday. The pair remains vulnerable to further declines amid a bullish US Dollar, which continues to draw support from hawkish Fed bets and US-Iran peace deal uncertainty.
Member Since Nov 15, 2019
27 posts
Jun 30 at 02:45
jmt_folk posted:EUR/USD stays under bearish pressure and trades at its lowest level in a year below 1.1350 on Wednesday. The pair remains vulnerable to further declines amid a bullish US Dollar, which continues to draw support from hawkish Fed bets and US-Iran peace deal uncertainty.
True, but even this level is high compared to where the price was last year. I think till the end of the summer, we will have a downtrend on EURUSD. Btw, during summer US Dollar always gets stronger
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