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Trading news
26 Feb 2020

ECB's Lagarde: Fiscal measures intended to support economy are welcomed

"Fiscal measures intended to support the economy are certainly very welcomed, particularly under present circumstances," European Central Bank (ECB) President Christine Lagarde said while speaking at an event in Germany on Wednesday, as reported by Reuters.

Lagarde further reiterated that the level of trust in the euro was critically important.

EUR/USD reaction

These comments don't seem to be triggering a market reaction so far. As of writing, the EUR/USD pair was trading at 1.0870, erasing 0.08% on a daily basis.

Feb 26, 2020

Copper: Trend followers to add shorts – TDS

Despite a sharp drop in risk assets, the industrial metals complex is thus far holding its ground — although the red metal has underperformed in the o
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Feb 26, 2020

USD/CHF New York Price Forecast: Dollar rebounds from session’s lows, nearing 0.9770 resistance

USD/CHF is trading below its 100/200-day simple moving averages suggesting an overall bearish momentum in the long term. The market is challenging the 50 SMA.
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