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US & European Fundamentals Battle for Control of EUR/USD

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This post by ForexBlogger has been reprinted from Forex Blog.

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EUR/USD was rising today as two of the biggest German political parties were able to form a coalition government and the German consumer confidence improved. (Event A on the chart.) Yet good macroeconomic data from the United States was able to erase gains of the currency pair almost completely.

Initial jobless claims

ForexBlogger @ November 27, 2013

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