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Single Currency Extends Sell-Off, Fresh YTD Lows for EUR/USD

EUR
  • EUR extending losses in recent trade, with EUR/USD accelerating on the break of the YTD lows printed earlier this week.
  • EUR/JPY echoing the single currency weakness, with the 128.00 handle under pressure, exposing 127.93/94 (the Aug/Sept lows) as next support. No fresh headlines to drive the move, in what looks more like a continuation of the one-way price action we've seen in currencies so far Friday.

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