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EUR/USD rebound continues as early US players return

The EUR/USD and the GBP/USD are both higher just now and that means the USD index (USDX) has backed away from an earlier session high at 100.08. It is now trading around 99.75. There will be more to add on that in a later update. So, the EUR/USD  has extended the rebound seen earlier and now risen to around 1.1335, as early US players return to the markets. The rebound in the Euro and the Pound has also gotten some traction from further gains in the GBP/JPY and the EUR/JPY, despite the USD/JPY falling back from an earlier session high, at 144.74. The first US data point of note will soon be released, at 11.30am GMT and that is the latest Challenger lay-offs report. If that is worthy of note, a further update will follow once it hits the screens. The EUR/USD is right now at 1.1331 
 

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