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EUR/USD limps into the 4pm London Fix
The EUR/USD has been under a degree of pressure all day really. Well, not so much under pressure as just drifting lower under the weight of a higher dollar and further EUR/JPY selling. The EUR/USD has just now set the 4pm London fix underneath 1.1020 and that is not far above the current session low, at 1.1015. There might be some buyers in wait around the 1.10 handle and much of that could depend on whether, or not there is any option interest, or related orders at that level. Also to note; if that is not the case, there is always the risk of stops in below below that handle now. The EUR/USD is currently trading at 1.1017
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