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THE MOST TRADED CURRENCY PAIR The EUR/USD (or Euro Dollar) currency pair belongs to the group of 'Majors', a way to mention the most important pairs in the world. The popularity of Euro Dollar is due to the fact that it gathers two main economies: Europe and the United States of America. This is a widely traded currency pair where the Euro is the base currency and the US Dollar is the counter currency. Since the EUR/USD pair consists of more than half of all the trading volume worldwide in the Forex Market, it is almost impossible for a gap to appear, let alone a consequent breakaway gap in the opposite direction. The EUR/USD reached an all time high of 1.87 in July of 1973 and a record low of 0.70 in February 1985. EUR/USD POLITICAL FORECAST 2017 In her article called “” published at the end of the year 2016, Valeria Bednarik talks about the and explains that 'the European situation can improve -German's data has been quite encouraging lately and is indeed the base of the region- while Trump can fail in its attempt to bring back the shine to the world's largest economy.
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The FED could once again falter to do as hinted in the dot-plot and stay on hold during 2017, while the ECB may beginning tapering. [. /tutorial-on-binary-options-for-beginners.html. ] There are also hundreds of imponderables that we can't foresee right now, yet at this point, the EUR/USD pair is eminently bearish, and speculators are ready to give parity a test.”. MOST INFLUENTIAL ORGANIZATIONS FOR EUR/USD The organization that most impact has nowadays the EUR/USD is the (the central bank of that country). Binary brain wave signals.