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Back Fundamental analysis
EUR/USD: German Pessimism and Middle Eastern Intrigue Keep the Pair Confined in a Narrow Range
The EUR/USD pair has drifted around
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The EUR/USD pair has drifted around the 17th figure for the second consecutive week, reflecting indecision among both buyers and sellers. Wednesday, April 22, marks the expiration of the two-week ceasefire between the US and Iran. Leading up to this event, market participants are hesitant to take large positions—neither for nor against the dollar. Current fundamental events are being played out by EUR/USD traders within the confines of the 17th figure, with little enthusiasm and, as they say, "without fire."For
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Irina Manzenko,
Analytical expert of InstaForex
© 2007-2026
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Irina Manzenko
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