Key events on February 9: fundamental analysis for beginners

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09.02.2024 04:33 AM




Analysis of macroeconomic reports: There are fewer macroeconomic events on Friday. We can only highlight the German inflation report for January. However, this report is unlikely to trigger any market reaction since this will be the second reading, which is unlikely to differ from the first. Therefore, Friday may bring confusing and low-volatility movements for both currency pairs. At the same time, take note that both pairs have developed downward trends, making downward movement still more preferable.Analysis




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