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US: Durable Good Orders (Aug) dropped 18.2%

FXStreet (Edinburgh) - The Commerce Department has informed that orders for US long-lasting goods have decreased 18.2% MoM during August vs. forecasts for a 18% decline and July’s 22.5% gain (revised). Excluding the Transportation sector, orders rose 0.7%, matching estimates and reverting the previous 0.7% drop.

EUR/USD could depreciate towards 1.20 by mid-2016 – Rabobank

Jane Foley, Senior Currency Strategist at Rabobank, sees the divergence in the Fed and the ECB as the main catalyst for the next leg lower in the pair...
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Credit Agricole: EUR broadly weaker - eFXnews

The eFXnews team remark that the Credit Agricole sees EUR losing strength following the release of the disappointing German business confidence numbers and the break of some key technical levels against the USD.
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