EUR/USD resumes the downside to start the last quarter of the year. Economists at Société Générale analyze the pair’s outlook outlook. Seasonality bea
EUR/USD resumes the downside to start the last quarter of the year. Economists at Société Générale analyze the pair’s outlookUS ISM services and payrolls data may decide whether new lows below 1.05 are inevitable in October, or whether the rebound above 1.06 has legs. Feed news
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The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.EUR/USD came under renewed bearish pressure and declined toward 1.0500 in the second half of the day on Monday. After the data from the US showed that the ISM Manufacturing PMI came in better than expected in September, the US Dollar extended its rally and weighed on the pair.GBP/USD turned south and retreated to a fresh daily low below 1.2150 in the American session.
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