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Jul 26 - 08:55 AM

EUR/USD - Has Taken A Hit In London

By Martin Miller  —  Jul 26 - 06:35 AM
  • EUR/USD slumps from Asia's 1.0250 high to hit 1.0136 in London, on the EBS

  • Dollar is entering the Federal Reserve storm nL1N2Z70LH

  • Those snapping up USD could be walking into a trap nL1N2Z50EF

  • Fed rate-path uncertainty, European gas crunch dominate FX nL1N2Z70D9

  • The "bull trap" on the EUR/USD daily chart weighs nL1N2Z70D7

  • FX traders should keep an eye 14-day momentum, that could turn positive

Source:
Refinitiv IFR Research/Market Commentary

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