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Greenback Adds to Day's Gains on Solid ISM Services

DATA REACT
  • USD adds to the session's gains to hit fresh highs on the day, prompting another spell of weakess for the major pairs as EUR/USD pushes through to 1.0823 before stabilising.
  • For equity markets, the move has proved more muted, but the e-mini S&P remains well off the earlier lows of 4132.50 posted after the NFP print. The day's price action in gold has extended further, putting the yellow metal below the earlier lows to make for a $75/oz two-day drop.
  • Further losses would expose the 50-dma support at $1844.05 - a level last tested as support in April of last year.
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EM BulletHomepagemarkets-real-timeEmerging Market NewsBulletMarketsFixed Income BulletsForeign Exchange Bullets

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