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EUR/USD Extends Losses on Cyprus’ Bailout Deal

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This post by ForexBlogger has been reprinted from Forex Blog.

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EUR/USD extended its losses for the second session today after Cyprus reached an agreement with the European Union to receive a bailout. The Forex market shifted to a risk positive mode initially after the deal was announced yesterday. Traders quickly lost their optimism after they realized that the terms of the agreement involved …

ForexBlogger @ March 26, 2013

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