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EUR/USD looks to a probable move to 1.1635 – UOB
FX Strategists at UOB Group noted EUR/USD could test 1.1635 if the 1.1600 barrier is cleared in the near-term.
Key Quotes
24-hour view: “Our expectation from yesterday was that EUR ‘is still strong and could advance towards 1.1570 but the odds for a break of 1.1600 today are not high’. Our view was
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US Dollar Implodes as VIX ‘Fear-Gauge’ Swoons, Gold & Oil Soar
US DOLLAR & VIX INDEX BLEEDING LOWER AS STOCKS, GOLD & CRUDE OIL SOAR
US Dollar turns negative year-to-date as safe-haven demand disappears
VIX Index remains under pressure fueled by a relentless bid under stocks
Crude oil prices surmount a critical technical barrier on demand recovery
Mar
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