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Forexfactory.com nur eur usd


forexfactory.com nur eur usd

inflation data hit European currencies, also undermined by the soft tone of local indexes. Furthermore, the 4 hours chart shows that it's accelerating its decline below bearish 20 and 100 SMA, both now below the.2 retracement of the same slide, as technical indicators extend their slumps within negative ground. The EUR/USD pair fell.1525 ahead of US data release, which came in worse-than-expected, as in the month of September, Housing Starts were down.3, while Building Permits fell.6 against.4 advance expected. Kenny forex Mikro trading Broker began his career in forex at Bendix Foreign Exchange in Toronto, where he worked as a Corporate Account Manager for over seven years. Traditionally, August is a quiet month, with many sellers on holiday. Construction Output in the Union was mixed in August, down.5 monthly basis, but.5 from a year earlier. ECB policymakers have taken pains to provide themselves some wiggle room, saying that the program could be extended if inflation suddenly weakens. Also, MBA Mortgage Applications for the week ended October 12 fell by a whopping.1. Actual.0K 5:00 Eurozone PPI. On Wednesday, Germany and the eurozone release Services PMI and well also get a look at eurozone retail sales.

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Although this is a respectable reading, it is significantly lower than the readings we saw early in 2018, when the indicator was above the 60-level. Opinions are the authors; not necessarily that of oanda Corporation or any of its affiliates, subsidiaries, officers or directors. In August, the Bank purchased EUR 29 billion, the lowest level since this stimulus program started. Kenny writes a daily column about current economic and political developments affecting the major currency pairs, with a focus on fundamental analysis. Currently, the pair is trading.1563, down.49 on the day.

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