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Back Fundamental analysis
EUR/USD. The Lurking Black Swan
EUR/USD began the new trading week
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EUR/USD began the new trading week calmly, essentially at Friday's close (1.1487 vs 1.1485). The market has already priced in the Federal Reserve's hawkish September outcome and is trading within the 1.14s. However, sustainable further downside now requires fresh information catalysts, while this week's economic calendar is not packed with major macro events. The most notable releases are preliminary PMIs on Wednesday and Germany's IFO indices on Thursday. Those reports alone are unlikely to reverse the established downtrend. Strong
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Irina Manzenko,
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