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FX markets grind to a halt as the US..........>

FOREX
FOREX: FX markets grind to a halt as the US Independence Day holiday dents price
action. SEK remains top of the pile with strong gains seen in the past three
sessions after the central bank raised inflation forecasts yesterday. EURSEK has
moved through the 100-dma to print extended pullback lows of Sek10.2243, next
support seen at Sek10.1856 which represents the 76.4% retracement of
Sek10.0962-10.4749. EUR & CHF register minor losses against the USD and sit at
the bottom. EURUSD last at $1.1639 holding near the base of its $1.1631-82 daily
range, next support at $1.1591/90 (Jul2 low/61.8% $1.1527-1.1693). EURCHF holds
5 pips either side of Chf1.1570. 

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