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EUR/USD Overview. April 1. The Market is Tired of the Dollar
The EUR/USD currency pair unexpectedly began
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The EUR/USD currency pair unexpectedly began to rise on Tuesday. This event seems like a miracle considering that oil prices continue to soar. If oil prices are rising, it means the market is expecting deteriorating conditions in the Middle East and an increasing global shortage of "black gold." Thus, a new rise of the US currency would have been much more logical. However, perhaps the market has finally become saturated with dollar purchases?Let's remember that conflicts of various scales flare
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Paolo Greco,
Analytical expert of InstaForex
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Stanislav Polyanskiy
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