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The Euro is looking to arrest its slide against the Greenback as market sentiment improves and key confluence area comes into play. A bounce in store for EURUSD from the 1.0800 handle?
EURUSD holds above support at 1.0840 for now as weak data gives Euro bulls something to ponder. Where to next for EUR/USD?
Spot Gold bears make a fresh push lower helped by some dollar strength. Acceptance below $2000/oz seems an impossible task as recessionary fears remain in play.
Yen retreats as safe haven appeal dissipates at the start of the week. The Yen to come under renewed selling pressure?
The Yen had a timid close to Q1 as both EURJPY and USDJPY enjoyed significant rallies to the upside. Technicals hint at further gains in the short-term.