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Forex in 60 Seconds: Heavy US Event Risk May Shake Up EUR/USD Later This Week
Monday, 31 March 2008 20:59:05 GMT  |  Terri Belkas, Currency Analyst
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 ·          EUR/USD tests record highs near 1.59 after Euro-zone CPI accelerates at fastest pace in nearly 16-years.
 ·          ECB's hawkish bias should support EUR/USD, but recent consolidation may lead to a break lower.
 ·          Heavy US event risk could spark the move later in the week...

Stories to watch on DailyFX

·          What will move the markets this week? Check out our Top 5 Events. First up: ISM Manufacturing.
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According to recent COT data, Extreme Yen Position is Bullish for Yen Crosses.

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