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SEB: EUR/USD downside spikes points higher - eFXnews

The eFXnews team remark that the SEB observes EUR/USD downside spikes pointing higher which might be due to short covering ahead of the ECB monetary policy meeting.
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EUR/USD back to 1.2630

The single currency is extending the rebound from the area of 1.2610, now lifting EUR/USD back to the mid-1.2600s...
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