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ForexLive: European Morning Wrap

posted by Avatar ejc 321 days ago in Fundamental, Daily made popular 321 days ago

We slipped slowly lower around mid-morning, but the BIS surfaced buying circa 1.2250 and that was the downside in place. Then news hit that the Italian govt had easily won the confidence vote on spending cuts and we saw the single currency rally relatively hard, EUR/USD fleetingly popping above 1.2300 before settling back.....more.
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