Eurodollar sells off after poor PMI figures, with larger long term losses in sight

Eurodollar has been trading lower today off the back of some disappointing PMI figures out of the eurozone. However, this serves to only compound the ongoing fall in the value of the single currency since the early February high of 1.371. The upshot of this fall is that a head and shoulder formation…

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Eurodollar sells off after poor PMI figures, with larger long term losses in sight

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