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Deep liquidity and competition between Forex brokers have brought spreads down. This is unlike other currency pairs where prices can trade by several pips at a time. Tight spreads make it possible to profit from very small changes in prices. And when price changes happen, they tend to be driven by news events and data releases. The euro has reversed directions on Wednesday and has posted slight gains. Currently, the pair is trading at the 1.

On the release front, the markets will have little data to analyze, with just one event on the schedule, Crude Oil Inventories The price moved to the next target at the underside of the broken trend line at the 1. The fall moves the price The key driver behind what promises to be a notable rise in the Euro to Dollar exchange rate is actually an expected weakening in the US Dollar due to a You could sustain a loss of some or all of your funds if the markets move against you.

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A wall of money Deep liquidity and competition between Forex brokers have brought spreads down.




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