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EURUSD eyes breakout above 1.0880-1.0900 for further gains Recent rebound is not enough to upgrade short-term outlook A strong rally above 1.1000 needed for bulls to seize control EURUSD kicked off the US election day on a cautiously positive note, aiming to cross above the 1.0880–1.0900 border that has been capping bullish momentum over the […]

The post EURUSD Makes Soft Positive Start on US Election Day appeared first on Action Forex.

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02/07/2024

Australian Dollar Eyes Retail Sales

The Australian dollar has posted slight losses on Tuesday. AUD/USD is trading at 0.6649 in the European session, down 0.15% on the day. Australian retail sales expected to improve Australian consumers have been in frugal mood and have reduced their discretionary spending. Consumers have been squeezed by high borrowing costs and the high cost of […]
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