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Forex News EUR/USD: Testing A Very Crucial Area Around ECB; Levels To Watch - ABN AMRO

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Peter

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ABN MARO FX Strategy Research notes that EUR/USD has risen above 1.1550 mainly because of narrowing yield spreads (real and nominal) between the US and the eurozone, arguing that the area between the current level up to 1.1714 (previous peak) is a very crucial area for EUR/USD.

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