Forex Forecast EURUSD: Euro on the Rebound Due to ECB Meeting Expectations. January, 21 2016

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Yesterday’s Trading:
My Wednesday expectations for the euro came off in full. The U-turn for the euro/pound after UK stats came out piled pressure on the euro/dollar. The rate fell to 1.0890 despite the fall in the US stock indices. Negative US stats also couldn’t change how the cards were being played as the ECB meeting and Draghi speaking approaches.

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