The EUR/USD produced fast and wicked trading results as whipsaw price action developed before going into the weekend as financial institutions were hit by nervous behavioral sentiment. The EUR/USD exchange rate started last week’s trading rather comfortably near the 1.10400 to 1.10500 ratios, but by Tuesday nervous conditions globally certainly started to be seen as financial institutions began to question existing outlooks. The EUR/USD hit a low around the 1.10260 level late on Tuesday and then climbed back to its known range previously traded earlier in the week
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.