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Euro Stagnation May Finally End if CPI Rebound Confirms Data Upswing

Forex traders should rejoice at the prospect of April ending, as it has been a month to forget: 10-day EURUSD average trading range (ATR) is at its lowest level since mid-2007, a testament to the low volatility and quite frankly boring trading environment. Fortunately, with a number of key event risks on the economic calendar, the time for the Euro’s slumber to end may finally be arriving.





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