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EUR/USD looking to clear $1.22
EUR/USD is edging back to through the $1.22 zone for a second day, having reversed Friday’s losses yesterday.
This leaves it on course to challenge $1.235, the peak from the beginning of the year. Sellers are still waiting for an indication of a move lower, with a drop below $1.21 needed to open the way to more significant downside.
GBP/USD recovers from mixed Monday
After shaking off some weakness yesterday, GBP/USD moved higher again.
We now look for a move back towards $1.424 and the highs from late February. As with EUR/USD, there is little sign of a reversal, with even yesterday’s small drop being met with buying.
To get you prepared for the 2017 Benzinga Global Fintech Awards, Benzinga will profile the daily schedules of select fintech leaders whose companies have applied. For this installment, we spoke with Tradier CEO Steve Ehrlich. Tradier
Ehrlich is the CEO of Tradier, a brokerage firm and vendor. Read More. Don t Miss Any Updates! News Directly in Your Inbox Subscribe to:
The FTSE tipped lower on Tuesday (Kirsty O’Connor/PA)
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London’s markets drifted into the red as poor showings by miners and commodity firms offset optimism about the easing of UK restrictions.
Retail, leisure and travel firms were broadly positive amid feeling that trade is starting to recover well and that the June 21 reopening phase could go ahead as planned.
However, pressure from China against rising commodity prices meant Anglo American, Glencore and Antofagasta all ended significantly lower.