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EUR/USD. In the Grips of Uncertainty: Contradictory IFO Report and Expectations of a Geopolitical Storm
The EUR/USD pair continues to trade
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The EUR/USD pair continues to trade within a narrow range, reflecting indecision among both buyers and sellers. On Tuesday, sellers recorded a low at 1.1558 but finished the trading day within the 16 figure. Buyers also failed to take the initiative in the pair: after peaking at 1.1629 (Tuesday's high), they could not hold that level, dropping to 1.1611 by the end of Tuesday's trading. On Wednesday, traders were once again "circling" within a relatively narrow price corridor. EUR/USD
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Irina Manzenko,
Analytical expert of InstaForex
© 2007-2026
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Irina Manzenko
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