Global Financial Markets

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EUR/USD breaks out downwards

Eddy Markus
Thursday, 20 February 2020
Eddy Markus

Many assume that the corona epidemic will reach its peak in the coming month and that this will be followed by a V-shaped economic recovery for China. However, this scenario is far from certain. Meanwhile, EUR/USD has crashed through a closely watched support level at $1.08. Will the euro  weaken even further?

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