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Euro Extending Gains

EUR
  • Strong client interest seen regarding this EUR this morning, as the currency extends against all majors, beside the CHF and JPY.
  • Some of the drive is from EUR crosses with the likes of EURAUD, EURNZD, EURCAD, which are driven by risk-off and oil prices.
  • Trading desks see some spillover effect.
  • EURUSD resistance moves down to 1.1307

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