RSS EUR/USD: Dead cat bounce? – OCBC

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 RSS EUR/USD: Dead cat bounce? – OCBC

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Euro (EUR) fell to a low of 1.0225 (2 Jan) before rebounding. The large slippage was likely due to poor market liquidity. Pair was last seen trading at 1.0353 levels, OCBC’s FX analysts Frances Cheung and Christopher Wong note.
 
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