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EUR/USD saw a new slide once again. but did not really make a substantial move. The focus is on the PMIs and on Mario Draghi speech in Jackson Hole. Here is an outlook on the highlights of this week and an updated technical analysis for.

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Despite all of the above, more data points will be needed for the Federal Reserve (Fed) to change its outlook and tapering plans. The important thing is that financial markets are showing plenty of comfort with the current pace of taper as US equities continuously.

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