Thursday , 21 November 2024
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All eyes on the Fed – Commerzbank

There was a lot of data released on Tuesday, but it did not seem to have much of an impact on the EUR/USD exchange rate, Commerzbank’s FX analyst Volkmar Baur notes All eye on the Federal Reserve meeting “Although the euro zone economy grew slightly more than expected in the second quarter and inflation in Spain was lower than expected, the picture in the euro area’s largest economy was just the opposite.

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This article was written by Greg Michalowski at www.forexlive.com.