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EUR/USD bouncing from lows – watch for US data, Fed

Yohay Elam
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A closed meeting by the Fed triggers speculation. Is the Fed behind those rumors? The US dollar is rising ahead of existing home sales, but the euro is recovering on good PMIs from the old continent. The Aussie and GBP also look resilient while CAD seems like the weakest link on struggling oil prices. Wrap up of the morning show:

Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.

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