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Is the worst over for the euro?

June 5, 2018/0 Comments/in Fundamental Analysis, Uncategorized Echo_22 /by euitsols

We suspect EUR/USD seen its bottom at 1.1510 and is unlikely to re-test it this week. With the Italian political situation stabilising, the eurozone risk premium should now be less of a negative driver of EUR/USD. Indeed, the risk premium already narrowed from 4% on Tuesday to 2.5% currently. The…

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