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30 Jul 2014

SEB: EUR/USD: Should extend losses below 1.34 - eFXnews

FXStreet (Łódź) - The eFXnews team remark that SEB sees EUR/USD droppig below the 1.34 level.

Key quotes

"There is nothing in the dailies nor in the intradailies indicating that buyers are about to grab the initiative.”

“On the contrary, the move lower is orderly and without excesses, so why should they be in a rush to step in?”

“Below 1.3395 would for today target 1.3375-1.3350. First nearby resistance is located at 1.3445 and then comes a stronger area resistance at 1.3475-1.3485.”
Jul 30, 2014

Norway Labour Force Survey down to 3.2% in May from previous 3.3%

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Jul 30, 2014

How to tackle upcoming major US event risks - ForexTrading.TV

Nick Jordan, currency analyst at ForexTrading.TV, recommends how to approach the US major event risks today – the ADP employment numbers and Q2 GDP releases as well as the Fed interest rate decision announcement.
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