United States MBA Mortgage Applications declined to -2.7% in September 4 from previous 0.8%

EUR/USD Price Forecast: 1.1686-1.1710 zone remains key hurdle

The Euro (EUR) gives back its early gains and flattens at around 1.1625 against the US Dollar (USD) during the European trading session on Wednesday. The major currency pair falls back as the US Dollar recovers its early losses.
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Dollar debasement talk, Japanese Yen carry trade unwinding offset USD safe-haven status

The US Dollar (USD) is failing to capitalise on the risk-averse market this week, as tensions in the Gulf escalate, threatening to widen into a full regional war.
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