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The Euroipean Central Bank (ECB) decided to boost its Pandemic Emergency Purchase Programme (PEPP) by €500 billion to €1,850 billion until March 2021.
The regulator’s decision to expanded the program came as a result of an alarming coronavirus situation in Europe.
The euro is moving upward.
Long and short positions are from 1.2150 and 1.2058, respectively.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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