Positive German IFO could lift EUR/USD, pair targets 1.3711

Date: Tuesday 24 Sep 2013

EUR/USD remains under pressure after trading in a range between 1.35 and 1.3520 and charting a day to the downside.

On Monday, the results of the German elections and the victory of Angela Merkel's CDU/CSU party had only a marginal effect on the currency pair. The mixed Eurozone...

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