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EUR/USD inching closer to key 200-HMA at 1.0810

  • Pair nearing influential 200-HMA at 1.0810

  • US/German rate spreads slightly narrowing from yesterday's levels

  • Likely to take some heat off from pair's current down leg

  • Selling appears to be related to month-end flows or stop driven

  • EUR weighed by large EZ bond redemptions/EUR28bln 

 

  • Market Data
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