LiteForex - Analytics

    LiteForex

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    EUR/USD: ahead of US labor market statistics on 06.11.2015

    Since mid-October, the EUR/USD pair has been declining amid growing demand for the USD and weak EU macroeconomic statistics. This week, Germany's Services PMI came in below the forecast. Moreover, EU Retail Sales declined by 0.1%, while a 0.2% growth had been expected.

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