Euro May have Bottomed on Post-ECB Tumbles. Why?
- Euro may have set important price low following ECB rate cuts
- Dollar looks at risk versus Yen as volatility remains low
- US Dollar likely made a lasting turn higher
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The Euro may have set an important low as the European Central Bank cut interest rates. Why and how might we confirm the sharp change in direction?
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--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.