EUR Slips Under 1.1900 for now – Video Analysis

EUR Slips Under 1.1900 for now – The dollar continued higher for a second day, with EURUSD ebbed to a four-session low at 1.1866. The move has been concomitant with a pick in risk appetite in global markets, with acute concerns about North Korea having abated, while strong Q2 GDP and ADP employment data out of the U.S. catalysed fresh dollar buying, helping mollify concerns about the storm damage on the Gulf coast. The dollar also gained against the Australian dollar and other commodity currencies, and most emerging world currencies.

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Stuart Cowell

Senior Market Analyst


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