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Finding some offers

EUR
  • EUR is finding some early offers, with safer haven going into Bund, as Europe falls in contraction territory, and the latest Italian credit downgrade by S&P.
  • EUR test session low against the CAD, NOK, and offered versus JPY, CHF.
  • Moves are nonetheless very limited, and the EUR still holds gains vs AUD, NZD, USD and the Yen.
  • Most will be keeping a close eye on the EURCHF, with the pair still trading at lowest levels since January 2015.

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