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Monday 27 February 2017

Daily Market Roundup (February 27, 2017): DailyForex.

Published on 27 Feb 2017
The market has made a quiet start to the week, as traders await key speeches due over the coming days by Janet Yellen and President Trump.

The EUR / USD currency pair looks bearish, but has found some support at and above the key round number of 1.0500.

The USD / JPY currency pair is in a clear medium-term bearish trend, and looks set to continue its fall to at least 111.36.

The GBP / USD currency pair has remained within a range centered around the psychologically key 1.2500 number. However, it is starting to look more bearish.

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