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EUR/USD Review. Week Preview. Donald Trump Deals the Dollar a Blow
The EUR/USD currency pair continued its
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The EUR/USD currency pair continued its upward movement on Friday, and over the past week, the dollar has depreciated against the European currency by 250 pips. The pair continues to trade within the sideways channel of 1.1400-1.1830, where it has been for the past 7 months. This week, the pair has shown significant growth, despite relatively positive economic data from across the ocean. However, the market no longer trusts positive American data. Or, to put it better, it does not
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Paolo Greco,
Analytical expert of InstaForex
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Stanislav Polyanskiy
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