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The Euro Is Unstoppable Today and Challenging the Tough 1.2160 Now
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By rosered44
The euro continued to press higher today and the buy order opened earlier today during the European session closed with a profit.
The euro soared again today from 1.2060 to 1.2150 on the positive political news from Germany. Yesterday, the EUR/USD was near 1.2060 before the momentum ran out. The ECB’s meeting minutes helped push the euro higher yesterday. The euro got another boost from the encouraging news that German party leaders…
The euro moved higher and reclaimed 1.25 before tomorrow’s U.S. job report. The EUR/USD began to move higher during the European session, and throughout the U.S. session. The U.S. 10-year treasury yields soared today from 2.73% to 2.78%; however, the higher yields were unable to stop the U.S. dollar drifting…
1 trade has been closed since the last update. The total realized loss is $224. Last week, we ended at $291 in profit minus interests and fees. After the loss this week, that brings our total net profit to $67 minus interests and fees. The strategy can be found here. The…