The EUR/USD Decreases as FOMC Starts-Off Session

The EUR/USD dropped advance of of tomorrow’s speech from the Federal Reserve. The Fed start-off its two consecutive day policy session today and will release its verdict tomorrow. The currency pair was also affected by concerns of the alleged Brexit. Retail sales increased 0.5% in May, a little more than specialists had anticipated (0.4%) although slower than the April’s 1.3% estimate of expansion. (Event A on the chart.) Import and export…

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EUR/USD Withdraw After IMF Prediction

EUR/USD withdraws today as the Dollar was strong. The US cash had backing in the mode of rather subdued point of view for global growth announced by the International Monetary Fund. As for US statistics, it did not contribute any particular awareness into the welfare of the US economy. The next trading periods may be…

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