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4 May 2020

EUR/USD: The rebound is going away – TDS

Economists at TD Securities think the euro area is facing a host of challenges and expect these to begin to weigh increasingly on the EUR/USD pair.

Key quotes

“The EUR will face rising headwinds from a combination of a dire growth outlook, rising political tensions, and a deteriorating capital flows backdrop.”

“We see this latest push toward 1.10 as an opportunity to enter short EUR/USD positions targeting a move below 1.05 with a stop at 1.1185.”

 

May 4, 2020

ECB's De Guindos: ECB is playing its part, others must too

The European Central Bank (ECB) is playing its part, others must too, Vice President Luis De Guindos suggested on Monday. He added that the current le
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May 4, 2020

GBP/USD: Nearing critical support

Momentum has turned to the downside and GBP/USD dropped below the 100 SMA, both bearish developments, Yohay Elam, an analyst at FXStreet, informs. Key
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