fxstreet.com 10 Feb, 2021 11:00 am

Time to take profits? Three reasons why the euro could fall from here

Time to take profits? Three reasons why the euro could fall from here
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Moreover, while the currency pair has topped the 50 and 100 Simple Moving Averages, it is capped by the 200 SMA.2145, where the 200 SMA awaits the pair, followed by 1.Markets will likely focus on the Core Consumer Price Index rather than the headline figure.See US Consumer Price Index January Preview: Can consumer demand spur prices?

Pushing speculation of a gargantuan relief bill has been allowing money to flow back to bonds, resulting in lower yields and making the greenback less attractive.Investors may respond to such a reminder by selling bonds in expectations of higher debt issuance, boosting the dollar.

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