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EUR/USD: Risk off to close the week

Written By Unknown on Sabtu, 16 Agustus 2014 | 01.51

The EUR/USD is about to close the week below the 1.3400 level, having held these last days in a 100 tight range above the year low of 1.3332 posted August 6th, practically unchanged from past week update. From a fundamental point of view, data has been weak both sides of the shore, failing to trigger some directional strength; thin volumes typical of the north hemisphere summer had did the rest. Aside from the normal scheduled data, market is being affected late Friday, by news Ukrainian forces



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