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If the ECB delivers, EUR/USD may slide to 1.34/35 - TDS

FXStreet (Bali) - EUR retains the soft bias ahead of the ECB meeting, according to TDS.

Key Quotes

"EURUSD will remain under pressure ahead of the ECB meeting, and technicals suggest a further slide into the low 1.35 / high 1.34 area would be likely if the ECB were to announce more than a rate cut next week."

Korea, Republic of BOK Manufacturing BSI declined to 77 in June from previous 79

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Session recap: Some movements but overall unchanged; EUR/USD consolidates at lows

The currency market digested well the weaker than expected US GDP as the Dollar didn't get too much damage; overall, investors are reluctant to take positions ahead of end-month tomorrow and ECB next week.
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