Saturday, 26 January 2013

EUR/USD sidelined around 1.3460/65

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More at http://daily20pips.blogspot.com/2013/01/candice-swanepoel-is-victorias-secret.html
Unforgettable week for the single currency, now consolidating around 1.3460/65 after hitting 11-month highs at 1.3480
The upside of the euro was fuelled since early morning, after the better-than-expected IFO results and later by the positive figures out of the LTRO repayment.
Moving forward to Monday's docket, second tier results in the euro zone – M3 Money Supply and Private loans – would drive investors' attention to the US Durable Goods Orders and Pending Home Sales.

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