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Daily FX Report

Markets review

According to a survey the fed officials will do their part to spur the economic growth by keeping interest rates near zero after their two-day meeting this week.

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EMU Economic Indicators Preview

German ifo business climate (February): slightly up
EMU industrial confidence (February): up

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Tranquil Day In Europe, But Debt Woes Are Predominant

Today, there are no fundamentals from the European continent except the release of the ECB Bulletin for the month of March in a tranquil week. However, still concerns with regard the high debt problems prevailing in many European economies are the main focus of the market.

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Currency Pair Daily Forecasts

EUR/USD Daily Technical Reports

EUR/USD-market strategy indicates buying levels from the $1.3689

Technical oscillators are supporting the bullish trend for the currency pair.

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This Week's Market Outlook

Risk rally is done

Last week's lead bullet point was that the risk rally had stalled, for the moment. Lacking any solid technical indications of a reversal, we could only highlight potential for an upcoming correction in risk assets. This week, however, we have no such hesitation and a plethora of technical evidence that a multi-week top in the risk rally has been made.

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