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Earlier today the EUR/USD lifted into the 8am London fix. If you look at a chart of the price action you will see that. So, this does infer there as a mont-end order set for that fix. It can never be 100% confirmed that it was, but it sure looks likely. So, the final European fix of the month, at 12.15pm GMT is soon going to be upon us and then later the final 4pm London fix for the same period. There is no confirmation here; that further orders will hit around those times, but it is something to be mindful of and also what the direction might be. Right now it looks like someone has just banged it lower leading into that 12.15pm Fix, but we shall have to see how this plays out in the next 10 minutes or so. The EUR/USD is right now at 1.1719
The major European stock markets all closed higher yesterday. The best performing index by some margin in percentage and points terms was the DAX. The...
The noted fall to a new interim low yesterday at 1.1557 in the EUR/USD was recovered and despite the technical reasons for it not doing so, the Euro...
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