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The EUR/USD tried to bounce when the USD/JPY got crunched on the news emerging out of Russia a short while ago. However, as just noted, the USD/JPY has fallen back again, but this time it has taken the EUR/USD lower with it. That means the EUR/JPY has been well and truly thumped in the process and fallen towards 153. It had been trading nearer 154.75 earlier today. The same applies to the GB/JPY too. So, the EUR/USD has fallen a short while ago to a new session low at 1.0524. It is just now trading at 1.0537 and under the present circumstances it is the Yen and the dollar which are the havens for the markets right now
So, the initial reaction to the US jobs data saw the dollar fall sharply. As reported on, that dive sent the GBP/USD above 1.28 and the EUR/USD above...
The US equity market futures are all in the green right now and pointing to a slightly higher opening in around 30 minutes. The gains look pretty...
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