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OCT 26, 2013 - Investopedia

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Europe’s Relative Calm Boosting Interest in the Euro

Fundamental Forecast for Euro: Bullish- The weak September US NFP report helped lift the EURUSD to new 2013 highs.- The Euro was able to rebound against the commodity currencies as tensions in Chinese markets arose.- Mixed PMI surveys didn’t deter Euro bulls – sign of evolving sentiment?The Euro was the second best performing currency this week overall, gaining another +0.84% against the US Dollar and closing above $1.3800 (1.3802 in New York on Friday) for the first time since November 2011.    

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