Euro Gains Overnight; Risk Appetite Weakens U.S. Dollar |
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The U.S. Dollar is under pressure overnight against most major currencies except the Japanese Yen. Trading has been light and less volatile than last week’s trading conditions. Shortly before the New York session opening, the Dollar is mounting a slight comeback and trading off its lows against a few of its majors. The lack of event risk is likely to make the movement of the Dollar the catalyst and market direction driver this week. The first major report is Thursday’s Weekly Jobless
Filed under: Technical
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