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Flash: EUR/USD to remain neutral - UOB Group

FXStreet (Barcelona) - The Market Strategy Team at UOB Group, notes the stance for the EUR/USD remains neutral...

Key Quotes

"The outlook remains neutral for today but the rebound from the overnight low is suggesting that this pair is trying to form a short-term base. Allow for a retest of the low near 1.3685 but as long as 1.3660 is intact, this should be followed by a recovery towards 1.3750."

BoJ minutes indicate concerns over recovery risks - could further easing be on the cards?

Risk was supported over the Asian session following the release of the minutes from the Bank of Japan’s January 21-22 monetary policy meeting. The minutes showed some concerns over the pace of the Japanese recovery, but was bullish that it would achieve its inflation target.
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