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Technical Analysis
Video | Market Technical | Solid ECN
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[QUOTE="SOLIDECN, post: 215454, member: 80239"] [JUSTIFY]Euro widens gains to six-month highs ahead of US jobs data Euro rose in European trade against dollar for third straight session, hitting six-month highs and on track for the second weekly profit in a row as concerns about the widening policy gap between Europe and the US fades away. Dollar is extending its heavy losses against a basket of major rivals following recent remarks by Fed Chair Jerome Powell, at which he hinted strongly at only a 0.5% rate hike in December. Investors await important official US payrolls data later today for November, which will provide fresh clues on growth. EURUSD rose over 0.2% to 1.0542, the highest since June, with a session-low at 1.0504, and the largest profit since November 11.[/JUSTIFY] [/QUOTE]
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