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Level and Target Adjustments for the U.S. Session – March 26th
The euro and the British pound
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The euro and the British pound were traded today using the Mean Reversion strategy. I did not trade anything using Momentum.Data on lending and money supply in the eurozone, as expected, had no significant impact on the market. On the contrary, they merely confirmed current trends, leaving financial markets in a state of relative uncertainty. Lending activity remains moderate. Although demand for loans from businesses has slightly improved, the overall volume of new lending is not showing explosive growth. According
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Miroslaw Bawulski,
Analytical expert of InstaForex
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Maxim Magdalinin
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