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EUR/USD Analysis Today - 22/02: EUR/USD Up Pre-PMI Data

EUR/USD Analysis Today - 22/02: EUR/USD Up Pre-PMI Data
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EUR/USD Analysis Today - 22/02: EUR/USD Up Pre-PMI Data

Explore EURUSD analysis today: Pair gains post-Fed minutes, testing 1.0835. Upward momentum eyed with key resistance levels at 1.0885 and 1.0930 in focus.

Euro to Dollar: Squeeze Higher Towards 1 09 may Develop say Scotiabank

Euro to Dollar: Squeeze Higher Towards 1 09 may Develop say Scotiabank
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Key Events This Busy Week: Retail Sales, Housing, Earnings And Torrent Of Fed Speakers Including Powell

Internal Audit, Marketing, Valuation, Processing Tools; Credit Cost Changes, Non-QM Back in the News

“My dog is really worried about the rising price of groceries, with a can of dog food now costing $3. That’s $21 in dog money.” As I travel and speak with originators, besides the regulatory environment being a concern (the latest example being the CFPB suing Freedom Mortgage yesterday), the cost to produce a loan is still a problem, and for some it is about to worsen. The last MBA’s study calculated that total loan production expenses (commissions, compensation, occupancy, equipment, and other production expenses and corporate allocations) were $11k per loan in the second quarter. Talk of another round of credit cost changes swirl, good and bad, similar to the end of last year, prompted by Fair Issac and rippling through the bureaus and CRAs. (Any questions should be addressed to your credit provider.) (Today’s podcast can be found here. This week’s is sponsored by NotaryCam, your partner for The Perfect Close! Ease of use, additional closing

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