Forex Analysis
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EUR/USD Review – October 9

The EUR/USD currency pair continued to tilt sharply south on Thursday—which, frankly, no longer surprises anyone. Need we say that on Wednesday or Thursday there were no real grounds for another rise in the US currency? Late Wednesday, three weeks after the Federal Reserve meeting, the FOMC minutes were published.
by Jay
Forex Analysis
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GBP/USD Review – October 8

The GBP/USD currency pair also moved lower on Wednesday, but the situation for the British pound is somewhat different from that of the euro. The pound has spent the last two weeks in a sideways channel. On the daily and weekly timeframes, it is likewise in a flat.
by Jay
Forex Analysis
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EUR/USD Review – October 8

The EUR/USD currency pair on Wednesday predictably resumed its downward movement after a microscopic correction. Yesterday we said the dollar's fall looked like a miracle in the current circumstances. The euro's fall does not look miraculous — the single currency has been falling for a whole month.
by Jay
Forex Analysis
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EUR/USD Review – October 7

The EUR/USD currency pair unexpectedly rose on Tuesday. Of course, nothing lasts forever, but over the past month traders have probably grown unaccustomed to prices moving anything other than down. The fact remains: the US dollar weakened on Tuesday — one of the rare instances over the last month.
by Jay