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On Thursday, the deputy head of the Fed said that the Fed should be ready to lower the rate if the forecasts of the economic situation deteriorate. The reason for the deterioration is Trump's trade wars against US trading partners in the first place. This puts an end to the possibility of increasing the Fed rate until the end of the year for sure.
This message has stopped the decline of the euro.
EURUSD: Range.
We are ready to sell the euro from 1.1105.
We are ready to buy the euro from 1.1220.
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