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Back Forecast
Level and Target Adjustments for the U.S. Session – September 16th
The euro and the pound continued
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The euro and the pound continued their active rise today, making the Momentum strategy work very well. I did not trade using the Mean Reversion strategy.A sharp increase in euro area business sentiment led to another strengthening of the euro against the U.S. dollar, followed by gains in the British pound. Investors welcomed the data, which indicated a recovery in industrial production and the services sector, easing fears of a possible recession in the region. Confidence in the European economy
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Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2025
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Maxim Magdalinin
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