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EUR/USD Rises as Traders Anticipate Stimulus to Persist

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This post by ForexBlogger has been reprinted from Forex Blog.

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EUR/USD rose today for the second day (it reversed yesterday’s losses by the end of the trading session) ahead of next week’s Federal Reserve policy meeting. Forex market participants anticipate the Fed to maintain stimulus and such expectations drove the US currency down. Today’s data from the United States was mixed, with …

ForexBlogger @ March 15, 2013

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