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EURAUD nearing Friday's high

AUD

EUR stays on the front foot versus all majors, on PMI upbeat and re-opening hopes.

  • The currency leads against the CAD in G10s.
  • Looking at EURAUD, with Risk paring most of this morning's gains, the pair now eye the Friday high at 1.5616.
  • A break above the latter, opens to 1.5647 (100d MA), not broken since Dec.


Chart source: Bloomberg

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