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    How the Euro Lost Its Mojo

    From fee.org|3 hr ago

    Criticizing the euro and the monetary policy of the European Central Bank (ECB) is often left to opponents of the EU today. Being unquestionably pro-euro is among the prerequisites in political discussions to be seen as pro-European; any doubts are not part of allowable opinion. However, being blinded by EU exuberance is just as ineffective as ...

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    USDCHF rebounds on 1.0050; risks still to the upside

    From xm.com|40 min ago

    USDCHF rebounded on the 1.0050 support level in the preceding week, jumping above the 23.6% Fibonacci retracement level of the upward movement from 0.9540 to 1.0235, around 1.0070. The RSI has come off from negative levels and the stochastic oscillator posted a bullish cross within its %K and %D lines in the oversold zone, pointing to some upside ...

    Risk appetite improves again with Aussie outperforming majors

    From hantecfx.com|3 hr ago|2 comments

    There is an array of factors for traders to weigh up as the new week kicks off for financial markets. Firstly, on the risk positive side, in China the PBoC has announced that it would maintain a stable yuan amidst the sharp weakening of the currency in recent days. A victory for the centre-right Liberal coalition in the Australian election has ...

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