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The relapse in the dollar into the Spot month-end saw the EUR/USD rebound from an early session low (noted here) at 1.1330. The later rebound, into and after the 4pm London fix saw it reclaim the 1.14 handle and later post a US close at 1.1420. The high seen was set at 1.1425. The price action so far today has been to the downside and not that long ago we saw a session low at 1.1374. The Euro is off that low now though, but very much caught in the middle of the of the recent price action. There are a couple of important US data releases due later- JOLTS-Job openings and the latest nationwide consumer confidence index (both at 2pm GMT). Those could help to decide the direction by the close tonight. Who knows, the markets might just get back to focusing more on the economic data today? That has been pretty much absent since Trump stole the show a couple of weeks back. The EUR/USD is right now at 1.1391
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