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EUR/USD Feb 12 – Little Movement ahead of Draghi Speech in Spain

EUR/USD continues to trade quietly, continuing the trend we saw on Monday (February 10th). The euro has had a tough time trying to stay above the 1.34 line, and is trading in the 1.3370 range. With little happening as far as economic releases in both Europe and the US, Tuesday’s highlight will be a speech by ECB head Mario Draghi, who will address the Spanish Parliament in Madrid.  In the US, the major release is the Federal Budget Balance.

EUR/USD Technical

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