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EUR/USD: The Euro is steady on a likely narrow range trading day

EUR/USD Forecast: Risk-off flows  hurting the EUR the most

The single European currency is holding steady above the 1,07 level having so far managed to defend its recent gains.

During the first morning hours of Wednesday it has managed to return again to the level of 1.0750 , being a breath away from yesterday's highs as the  yesterday's  correction was very limited.

The US currency failed to find any support to go on the counterattack as the yields on the US government debt securities failed to register better prices.

At the same time, the improvement of the climate in . . .

Written by Paul Hough