Tag: World

EUR/USD pushes higher and visits 1.1270 as risk-on persists

EUR/USD advances for the third session in a row and gradually approaches the key 1.1300 neighbourhood bolstered by the re-emergence of quite firm appetite for riskier assets and the continuation of the downside in the greenback. Collaborating with the offered stance in the dollar, US yields remain on the defensive, while yields of the German 10y Bund now recede some…

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Dollar bulls take a breather amid a quiet start to a Big week

The sentiment on the global markets remains perky following an impressive turnaround on Wall Street last Friday, courtesy of a beat on Apple Inc.’s earnings. Despite the positive mood, thin trading prevails as a bunch of Asian markets, including China, are closed due to the Lunar New Year holiday break. Traders seem to have shrugged off the weak Chinese business PMI…

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