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It is very choppy out there right now- check out the EUR/USD
Having just covered updates on the Nasdaq 100, Gold and the USD/JPY, the vista out there right now is pretty choppy. It is easy to write something here that looks sound one minute and not so clever the next. There is clearly a good deal of indecision and choppy trading impacting across so nay markets right now. One thing is constant though and that is US yields are now lower and that is finally having a more determined impact on the dollar, as the immediate attempts to rebound after the US CPI report now seem to blow out. So, the EUR/USD has just lifted to a fresh session high above 1.1130. As to whether it can hold the upside is far from certain though, given this annoying and whipsaw price action. So, we shall have to see on that. The EUR/USD is right now at 1.1127
Market News
All News-
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US Philadelphia Fed index misses forecasts but USD/JPY lifts
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