EUR/USD: Euro Consolidating After Biggest One-Day Advance in a Year

EURUSD edged lower in European trading on Wednesday as traders collected some profits after Tuesday’s 1.7% advance (the biggest one-day gain in one year), sparked by bigger than expected drop in US inflation in October, which deflated dollar Near-term picture is increasingly bullish after Tuesday’s acceleration surged through few key technical barriers, resulting in close […]

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