EURUSD 1.18
ECB is ready to intervene the market by cutting deposit rates by Thursday meeting. However with 0% credit rate EUR has no a lot of things to lose. Meantime the decline in US10Y can take it to zero which makes more pressure on FED. It is more likely that FED will cut rates further by pushing the USD lower. So the increase of undervauled EUR against overvalued USD is more likely
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