The EUR climbed to 134.31 against the JPY |
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Good morning from Hamburg and welcome to our first Daily FX Report of this week. In the past six month, the USD dropped against 15 of its 16 major counterparts and last week, the USD continued its trend. We wish you like always a good start in the new trading week. Market review The EUR gained versus the USD and JPY before European industrial reports forecast that they have positive signs for a recovery. That increases the demand for higher yielding assets for the euro zone. The EUR climbed to
Filed under: Technical
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