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Euro Slides on Risk Aversion

posted by Avatar fx360 1051 days ago in EUR, JPY, Technical made popular 1051 days ago

The euro tumbled from its North American highs on the last night of trade for the week, driven by lower by large sell orders from Asian accounts in the EUR/JPY cross and a mildly negative tone in equities in both Asia and Europe. The pair tested bids at 1.3900 despite relatively positive economic data from France and Italy.
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