Euro Soars to Next Breakout Point as Dollar Sinks on Fed Easing Bets

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Euro soars in best day in over 2 years as Fed rate cut bets weakened the US Dollar Coronavirus fears sank the S&P 500 as California reported cases being monitored EUR/USD on the brink of critical upside breakout that may shift the technical bias EURO and Japanese Yen gain as US Dollar sinks on aggressive dovish Fed expectations The Euro, Japanese

The US Dollar Is Breaking Out

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I have been waiting all summer for a resolution of this range in the Dollar Index, and it looks like we might be finally getting it. Whether this move is successful and the dollar continues higher, or it’s a failed breakout that sends the euro ripping, there will be significant cross-asset implications that are worth thinking about as this
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