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EUR/USD Inches to Session Best, But Still Shy of Week's Highs

EUR
  • EURUSD edging to the best levels of the day headed into the NY crossover, with EUR/GBP also holding close to new daily highs. Pair remains just shy of yesterday's highs and first resistance at 1.0963. Progress through opens further recovery toward 1.1012 late June highs.
  • Options interest could be playing a part in recent price action, with little news or headline flow to dictate play. Options interest nearest at 1.0935 (E275mln), but seen bigger into $1.0950 (E630mln) and $1.10(E1.4bln).
  • Weekly jobless claims and pending home sales data take focus ahead. Fed's Powell spoke earlier today, reiterating his views on policy widely publicised after his panel appearance Wednesday. Bostic is set to speak at 2000 UK time (1500ET), but has already made his views clear - leaning more dovish relative to the rest of the Committee.

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