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EUR Slips on Volume Surge, USD Better Bid

EUR
  • EUR/USD slips amid better volumes, with the best activity of the day noted across futures markets - over 2,300 contracts changed hands on the move - equivalent to just shy of $320mln in the Jun'23 EUR contract.
  • Key support in spot undercuts at 1.0909 (Monday low) and the 20-day EMA at 1.0892.

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