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Forecast Outlook

  • Forecasts Outlook US Dollar: Mixed Sentiments for 14 August: EURUSD is expected to proceed Short below the barrier levels of 1.33864 and 1.33566.
  • Germany’s 2Q Gross Domestic Product (GDP) report may generate fresh monthly lows in the EUR/USD should the data print heighten speculation for additional ECB support.

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Live Economic News

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Important Forex News

  • The US Dollar is on the verge of a major break higher, and these are the currency pairs we believe are most likely to see big moves.

  • EUR/USD traded around 1.3360 before the German GDP data was released, and slid to 1.3348 low right after.

  •  AUD/USD plunged to 0.9286 after opening the day at 0.9304; currently, the pair is trading at 0.9298 with bearish bias is still dominant.

  • EUR/USD stays at a 10-pips range, waiting for inflation and GDP numbers. The pair is trading at 1.3363 marginally higher from its opening level of 1.3361

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