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Posted by
Two Blokes May 13 -
Filed in
Forex
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13 views
Scope for Euro (EUR) to weaken further against the US Dollar (USD); any decline is unlikely to break the major support at 1.1055. In the longer run, EUR remains under pressure, but it remains to be seen if the current corrective pullback can reach 1.0945, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
