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A 144 pips range for EURUSD

CROSS ASSET
  • A 144 pips range for the EURUSD, and so far finding some demand at 1.0300.
  • The move has kept Govies and rate futures underpinned, and has favoured some buying interest of the Dollar.
  • USD bid, has pushed Equities and Gold lower, with the currency acting as a safer haven, with Recession fears right at the forefront.
  • Gold test the $1800.00, while Estoxx (VGU2) futures now eye 3400.00 next.

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