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Intraday Strategies for Beginner Traders on February 9
The euro and the British pound
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The euro and the British pound continued their corrections against the dollar.Recent data released on Friday by the University of Michigan regarding inflation expectations in the U.S. presented an unexpected surprise to the market. The decline in these indicators, which traditionally signals future price levels, exerted noticeable, albeit slight, pressure on the American currency. A slowdown in inflation expectations is often interpreted as a signal of easing price pressures in the economy. This, in turn, may prompt the Federal Reserve
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Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2026
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Maxim Magdalinin
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