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Can retest the 0.5865 level before a rebound is likely – UOB Group
The New Zealand Dollar (NZD) could retest the 0.5865 level before a rebound is likely; the strong support at 0.5850 is unlikely come under threat.
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European equities look to bounce back in the new day
Eurostoxx +0.5% Germany DAX +0.6% France CAC 40 +0.5% UK FTSE flat Spain IBEX +0.5% Italy FTSE MIB +0.5% This comes with US futures also
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Pound Sterling turns muted ahead of MPC hearings
The Pound Sterling trades back and forth ahead of several BoE members’ hearings before the Treasury Committee. Traders expect that the BoE will cut interest
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In this Livestream, I break down EUR/USD, DXY, GBP/USD, AUD/USD, NZD/USD and Gold using supply and demand, market … source
European equities little changed to open up the week
Eurostoxx +0.1% Germany DAX +0.1% France CAC 40 +0.1% UK FTSE +0.1% Spain IBEX flat The changes are light, reflecting the mood in US futures