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Intraday Strategies for Beginner Traders for the Euro on October 30
The euro surprised the market yesterday.
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The euro surprised the market yesterday. Strong U.S. data should have pushed the dollar higher, but the opposite happened. The pair climbed from around 1.1143 to the 1.1215 area, then pulled back a little and now trades near 1.1185. For a Friday morning, this is a notable rebound, showing the market is looking beyond headlines at what lies behind the numbers.The main U.S. report was Q3 GDP growth of 3.4% year-on-year, above the 3.2% forecast. Q2 was 2.2%, so the
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Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2026
EUR
Summary
Neutral
Urgency
1 day
Analytic
Maxim Magdalinin
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