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Back Fundamental analysis
The Dollar Slows Down
Is the over 6% drop in
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Is the over 6% drop in EUR/USD from September's highs excessive? Have the bears gone too far in pricing in the "Trump factor"? The current consolidation of the major currency pair indicates that investors are reassessing their positions. There's no guarantee that the new U.S. president will deliver on ambitious plans, and if not, the euro may be undervalued. Additionally, investors could be preparing for data on European business activity for November.Credit Agricole believes the divergence between the Federal Reserve
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Marek Petkovich,
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