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EURUSD Depends on the Stock Market

Fundamentals point to a fall in the euro against the USD. The upcoming midterm elections have emboldened the EURUSD bulls. The US dollar failed to capitalise on Fitch’s downgrade of France’s credit rating outlook from ‘stable’ to ‘negative’, the mass protests across Europe, or the unexpected slowdown in inflation in Germany. The US currency fell […] The post EURUSD Depends on the Stock Market appeared first on ActionForex .

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