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Dollar Changes Horses at the Crossing
Oil has been rising for seven
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Oil has been rising for seven of the last eight trading days, inflation in Germany is not accelerating in April as Bloomberg experts had hoped, and European economic confidence has fallen for the third consecutive month. It would seem that there's plenty of reason to send EUR/USD into a deep knockout. But instead of falling, the main currency pair continues to stand firm. Why?Perhaps it is due to the divergence in monetary policies? The futures market does not anticipate any
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Marek Petkovich,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
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Igor Kovalyov
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