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Thomson Reuters
Apr 30 - 07:24 AM
EUR/USD - Data Boosts EUR/USD But Holding Gains Is The Big Challenge
First appeared on eFXplus on Apr 30 - 05:20 AM
  • Small beat for euro zone Q1 GDP 0.4% qq in Q1 vs 0.3%, 1.2 yy from 1.1%
  • EZ unemployment rate drops to 7.7%, lowest since Sept 2008
  • German state CPI's rise strongly, all near ECB target, some at or above
  • The last thing euro zone needs is data supporting rates nL1N22C064
  • Month-end flows hit dollar, beware of a sting in the tail nL1N22C067
  • EUR/USD resistance @ 1.1217 50% April drop and 21-DMA 1.1233

EUR/USD daily Click here

Source:
Thomson Reuters IFR Markets

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