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Rate now sitting at the lowest levels...>

EURO-DOLLAR
EURO-DOLLAR: Rate now sitting at the lowest levels of the session after
outperforming in early NY hours. EUR/USD ran into resistance at the day's highs
of $1.1008 to hit the highest levels since May 1st. For bulls to progress
further from here, the 200-dma at $1.1015 is the first hurdle ahead of the
multi-month highs at $1.1018.
- Further commentary against the prospect of negative rates in the US has worked
in favour of the greenback (and as such against EUR/USD), after he stated the
Fed has looked at negative rates "very closely" before agreeing it is not the
right tool to be used now.

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