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EUR/USD Under Pressure from US & European Fundamentals

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This post by ForexBlogger has been reprinted from Forex Blog.

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EUR/USD rallied today, but retreated later as fundamentals both in the United States and Europe were bad. The German business confidence worsened in April, adding to this week’s negative data. (Event A on the chart.) The report said: “Although the majority of companies assessed their current business situation as good, they were far …

ForexBlogger @ April 24, 2013

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