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Benzinga

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Dmitriy Gurkovskiy

EUR/USD is Saving Strength for Future

United States RoboForex

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex

The major currency pair is consolidating around 1.1360 at the beginning of the week. Global markets are a bit calmer today than usual – the US is celebrating Presidents’ Day.

At the same time, there is a local demand for the “greenback” at times of geopolitical escalations. Investors use the American currency as a “safe haven” asset.

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