Comprehensive FX and Futures Daily Commentary |
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Daily Market Commentary EUR/USD Settles Following Last Week’s Tumultuous Activity The EUR/USD is settling and cooling as investors take a step back to revise their outlooks in the wake of last week’s aggressive selloff in the risk trade. Trichet attempted to alleviate investor uncertainty by reassuring markets that the ECB and EU will make sure Greece takes care of its deteriorating fiscal situation. Meanwhile, the data wire is relatively quiet until China releases its New Loans and Trade
Filed under: Technical
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