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The Euro has lost 1.2050+ status...

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FX:EURUSD   Euro / Dólar Americano
The Euro has lost 1.2050+ status vs the Dollar after testing 1.2100, but failing to breach the psychological level or derive much traction from broadly better than expected Eurozone manufacturing PMIs and firmer German state CPIs. Perhaps the EUR/USD is conscious about more dovish guidance from the ECB pre-comments via several GC members including President Lagarde. Overall further bearish momentum expected for this week.

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