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DAX lifts to a new rebound high in early trading
The European stock markets have now reopened for the new week and we have seen immediate gains in very early trading. As noted here earlier today, the DAX closed on Friday at 22,242, after peaking earlier that day, at 22,318. Well, it has taken out that prior interim high in early trading today. That has now seen the index push to back towards the earlier Asian session high in the DAX futures, as the index lifts towards 22,350 in live trading- a new cash rebound high, since the lows earlier in the month. The DAX is just now at 22,310
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Dollar continues to weaken leading into the 4pm London Fix- EUR/USD straddles 1.1150
The dollar has continue to weaken this afternoon. The GBP/USD is still battling to overcome 1.3250 and the USD/JPY has so far rejected any lasting... -
US stocks mixed in early trading- Dow Jones still in the red
The US stock markets have been open for around 20 minutes now and so far it has been an early session of mixed fortunes. The Dow Jones is still in the... -
GBP/USD making some progress now towards 1.3250
Following on from the previous update looking at the price action in the EUR/USD we see the GBP/USD has charted a slightly steadier route higher...
