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Back Fundamental analysis
The Energy Shock Has Ceased to Be a One-Off, Restoring the Dollar's Attractiveness
After yesterday's session, the euro and
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After yesterday's session, the euro and the British pound reacted strongly to the data, and while the euro's move was clear, the pound was driven more by broader risk-asset dynamics and the dollar itself. The large drop in the first half of the day was almost fully retraced, but pressure returned toward the evening, and the market approached today's inflation prints in a state of unstable equilibrium. The week's focus has finally shifted, and now price figures decide everything.The main
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Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2026
EUR
Summary
Neutral
Urgency
1 day
Analytic
Maxim Magdalinin
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