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EUR/USD bears squeezed but neutral bias remains

Date: Monday 10 Feb 2014

EUR/USD bears squeezed but neutral bias remains

Two key events put some wind in the EUR/USD´ sails last week: the European Central Bank (ECB) press conference where its President Mario Draghi was unexpectedly more hawkish than usual and a weak US non-farm payrolls report.

While the former triggered a rally in the euro that took...

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