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Fundamental Analysis
EURUSD
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[QUOTE="Terry_8, post: 186038, member: 65834"] EURUSD NUDGES HIGHER AMID IMPROVEMENT IN RISK SENTIMENTS [ATTACH type="full"]17011[/ATTACH] EURUSD extend gains for the second straight day following improvement in the risk sentiments ahead of the US Presidential debates. Besides, the broad-based weakness in the greenback as US lawmakers continue to put together fresh economic stimulus adds to the bid tone surrounding the single currency. As of now, the currency pair is trading at 1.1679, up by 0.12%. Coming onto the previous session, EURUSD surged to the day’s high of 1.1680 level following optimism in the market that weighed on the US dollar. The market mood was underpinned by the positive brexit headlines. Besides, investor’s preferred to book profits in USD ahead of the upcoming US Presidential debate. However, the pair trimmed some of its gains in response to the comments by ECB’s President Lagarde wherein she mentioned that the value of a single currency is having an impact on the inflation. Subsequently, the pair settled the day at 1.1663, up by 0.31%. Moving forward, investors can take cues from US CB Consumer Confidence data and speech of FOMC Members slated for today. SOURCE FXVIEW FB: [URL="http://www.facebook.com/fxviewdotcom/posts/221891296019911"]www.facebook.com/fxviewdotcom/posts/221891296019911[/URL] [/QUOTE]
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