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EUR/USD takes out 1.1105 and sets a new 2026 low at 1.1094
Well, we said it was magnetic and it has now been taken out. The prior 2026 low at 1.1105 has just now been surpassed on the downside and the EUR/USD has fallen to a new 2026 low, so far around 1.1094. It has just edged off that new low though, but it seems that stops were tripped once the former level at 1.1105 got taken out. Look, we are not surprised by this move and it has come as the USD/JPY extends its upside break to 159.60 this afternoon. The EUR/USD is right now at 1.1098
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A mixed opening for the US stock markets this afternoon- check out the Dow Jones
The US stock markets have been open now for around 20 minutes and it has been a rather mixed start to the session. The Dow Jones is currently modestly...
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EUR/USD takes out 1.1105 and sets a new 2026 low at 1.1094
Well, we said it was magnetic and it has now been taken out. The prior 2026 low at 1.1105 has just now been surpassed on the downside and the EUR/USD...
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We said it was not finished with the topside yet- USD lifts above 159.25
A little earlier today we noted how the USD/JPY had now traded above its 100 day moving average and momentarily stalled at 159.04, which was a...