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Lionheart1902

fundamental analysis for the EUR/CHF pair

By Lionheart1902, in Forex Trading

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Lionheart1902    4

Lionheart1902
Posted (edited)
The euro has  been supported by ECB meeting last week's which was not negative in accordance with market expectations and saw further support due to the rise in the selling on the dollar following the improved risk appetite.
Eurozone inflation fell to its lowest level in more than four years, falling to a more negative than expected in September, which in turn led to heightened fears of a deflationary spiral caused by the Covid-19 .
Consumer prices in 19 euro-sharing countries fell 0.3 percent year-on-year in September and 0.1 percent on a monthly basis, according to the EU Statistics Office Eurostat.
Edited by Lionheart1902
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