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EUR/USD 1 cent whipsaw since CPI, liquidity a big issue

Tuesday, March 24, 2015 2:36 PM UTC

Today's big EUR/USD moves go largely unexplained
EUR/USD 1 cent whipsaw since CPI, clearly liquidity since FOMC is a big issue
Illiquid EUR/USD market may be prelude to lower volumes
Big whipsaw moves will curtail risk-taking even more
A drop in volatility seems likely with resistance above 1.1000 growing
One month EUR/USD volume is relatively high, mid 12's vs rough 8-13 ranges

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EUR/USD 1 cent whipsaw since CPI, liquidity a big issue

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