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EUR/USD busts above 1.1144 leading into the 4pm London
As the 4pm London fix approaches any minute, as suspected might happen, the EUR/USD has now taken out the prior 2025 high, at 1.1144 set last week. The move has just now extended to above 1.1175 as the USD/JPY comes under further pressure at the same time. The USD/JPY is approaching session low underneath 144.70. The GBP/USD is higher too, but as far as can be detected here, it is the Euro that seems to be leading the way lower for the US currency. At the same time the US stock markets are all still under pressure and not far off session lows. The EUR/USD is right now at 1.1179
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