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EURUSD Forecast Week of 04-09 September

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This article is published in collaboration with Scutify, where you can find real-time markets and stock commentary from Robert Marcin, Cody Willard and others. Download the Scutify iOS App, the Scutify Android App or visit Scutify.com.

Fundamentals:

A weaker than expected NFP report triggered a brief rally in EUR/USD but the pair was unable to sustain gains and has returned to negative territory for the day, breaking below lows posted ahead of the release.

The latest data for the weekly Commitment of Traders (COT) report, released by the Commodity Futures Trading Commission (CFTC) on Friday, showed that large traders and currency speculators continued to increase their bearish bets for the US dollar this week.

You can view the full article :

http://www.fxters.com/eurusd-forecast-week-04-09-september/


This article was written by Emre Tutucu for http://www.fxters.com/eurusd-forecast-week-04-09-september/ on .

This article published in collaboration with Scutify, the best app for traders and investors. Download the Scutify iOS App, the Scutify Android App or visit Scutify.com.

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