EXACT TRADING FX Trading News and Nightly Wrap Up |
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NFP amounts to very little as the EURO holds its position
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As so often the case the NFP becomes an excercise in sweeping through traders stops who are too close to the market and too heaviliy leveraged. The upshot of all that remains that the EURO is still below the recent resistance levels and the major trend is down.
GBP is still exposed to BREXIT shocks but please take a look at the EURO falling quite heavily against sterling - who knows what we don't know about a deal being very close ? |
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