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EUR/USD Signal - Fed's Chair Powell speech - 09 Jul 2019

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EURUSD is trading near 1.1200 level on fears Fed's Powell may draw back from aggressive rate cuts. The upbeat US non-farm payrolls helped for the US dollar strength. Forex traders will listen carefully Fed's Powell speech later on today for some fresh impetus.

eurusd signal 09 jul 2019

Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.