US dollar starts to move back higher as stocks trade to session lows

Feb 7, 2024 - 10:51
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Dollar buying seen on stock decline EURUSD: The EURUSD moved up to test its 200 hour moving average after the FOMC decision at 1.21288, but has since rotated back to the downside a stocks trade to new session lows. The price is currently trading just below the 1.2100 level and below the 61.8% retracement of the move up since January 18 at 1.21049.  The next target
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