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EUR/JPY seesaws near six-week top below 126.00 as EU summit continues
EUR/JPY fades upside momentum from 122.79.
EU leaders take another break to resume the battle over Euro 750 billion plan.
BOJ minutes struck upbeat tone, Japan trade numbers dwindle.
German catalysts may offer intermediate moves with major attention on risk factors.
EUR/JPY recedes further from Jun
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EUR/USD Price Analysis: The pair still looks set to hit its highest level since March
EUR/USD trades 0.13% higher on Monday at 1.1442.
The March 2020 high is just under 1.15 and the bulls look set to try and hit it.
EUR/USD daily chart
The uptrend has resumed today as EUR/USD trades positive on Monday but only just. Since hitting a low of 1.0636 in March 2020 the price has been on a
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US inflation-adjusted bond yields wave red flag on economy
The US inflation-linked yields slide, indicating an uncertain economic outlook.
The 10-year real yield has been on a declining trend since early June.
The US 10-year real or inflation-adjusted bond yield has declined for the past six weeks and now hovers near -0.85%, according to Bloomberg.
The
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AUD/JPY clocks six-week high as RBA minutes downplay need for negative rates
AUD/JPY added 10 pips after RBA minutes downplayed the need for additional stimulus.
Policymakers, however, remain committed to keeping policy easy for a prolonged period of time.
RBA may boost bond purchases in the short-term as the 3-year yield has drifted above the target.
AUD/JPY jumped 10 pi
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Second Week of July - Weekly Report
2020/07/14-2020/07/18 Total Trading Orders
86,039
Compared with 83,097 orders last week, increased 2,942 orders, and the increase rate is 3.54%
For the 2nd week of July, the total profit of the top 10 traders with the highest profit has reached 154K dollars. @财约你, registered 11days ago, become Top 1
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Dollar ends lower on rally in euro and sterling
Market Review - 20/07/2020 23:48GMT
Dollar ends lower on rally in euro and sterling The greenback pared intra-day losses after falling to a near six-week low on short-covering and ended lower against majority of its peers on Monday, except for safe-haven Japanese yen and Swiss Franc led by rally
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Agonizing summit, stimulus and magic pills
#EUR/USD#
The EU summit, which instead of one day on Friday dragged on for the entire weekend and smoothly turned on Monday, become of the most difficult and longest in the history of the EU. It should be reminded that the fate of the 750-billion-euro aid fund was decided there. The p
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