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EURUSD remained range bound between 1.3165-1.3195 for the majority of the day on Aug.27, with the only exception during early hours of trading

By Richard Nehme | Aug. 28, 2014 12:29 BST
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EURUSD remained range bound between 1.3165-1.3195 for the majority of the day, with the only exception during early hours of trading which indicated German Important Prices M/M showed a -0.4% reading from -0.1% forecast, causing the pair to rally by 20 pips. Once the data was fully absorbed by the market the pair revalued back to trade around 1.3195 and this morning opened at 1.3207 [...]

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