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EUR/USD: It's ECB day again, options market don't expect violence on the topside
EUR/USD is up nearly 1% on a week-to-date basis.
The ECB is expected to maintain the status quo, may sound optimistic about recovery.
Investors expect the EU nations to reach a comprise on fiscal stimulus.
EUR/USD implied volatility remains low, implying lows odds of a big bullish move.
EUR/USD
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Dollar Gains Against Other Major Currencies
The U.S. dollar was stronger against other major currencies on Thursday as risk sentiment weakened amid growing uncertainty about global economic recovery in the wake of the relentless surge in new coronavirus cases across the world.
A slew of economic data from across the globe, escalating tensions
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Disappointing Jobs Data Contributes To Early Pullback On Wall Street
Stocks have moved mostly lower in morning trading on Thursday, giving back ground after moving sharply higher over the two previous sessions. The Dow and the S&P 500 are pulling back off yesterday's more than one-month closing highs.
The major averages are currently all in negative territory, al
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XE Market Analysis: North America - Jul 16, 2020
The dollar rallied to a two-day high in narrow trade-weighted terms, with the DXY index pegging a high at 96.32, extending the rebound from yesterday's five-week low at 95.78. The rotation higher in the U.S. currency has been driven by a bout of risk aversion in global stock markets, which raised sa
Pull-up Update