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– James Comey, FBI Director (based on Bloomberg)
Pair's Outlook
The common European currency slightly appreciated against the US Dollar on Monday morning. However, the rate opened the day's trading session a lot lower than the previous close of 1.1138, as Monday's trading began at 1.1063. There is one simple reason for this 75 pip fall. The Director of the FBI once more announced that Hillary Clinton, a candidate for the presidency of the United States, will not be charged with criminal accusations after the recent e-mail review. It is most likely, that the Euro will begin regaining those losses against the Greenback, as it passed the weekly PP during Monday's morning.
Traders' Sentiment
Traders remain slightly bearish on the pair, as 52% of open positions are short on Monday. Meanwhile, 62% of trader set up orders are to sell.
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