The Euro continues to grind higher against the greenback, as the Forex market seems to be focusing more on the idea of European bonds being federalized than anything else.
<p>GBPUSD sellers are currently exerting pressure as the price falls below the 100-hour moving average (blue line in the chart above), which is at 1.3076. Earlier today, the price briefly dipped
<p>There is not a lot on the data agenda for the session ahead, the Reserve Bank of Australia statement will be the focus although it shouldn't move the AUD too much upon release. The State
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