Jul 242015
 
Trade Idea: EUR/JPY – Hold short entered at 137.65

Although the single currency rallied yesterday after falling to 133.78, as euro ran into renewed selling interest at 138.13 and has retreated again, …
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Euro resilient as Greece's IMF deadline looms

The euro is a lot stronger in early Tuesday trading compared to when … and so by removing the contagion risk this helps support the single currency.
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UPDATE 1-India asks refiners to buy dollars, euros to settle Iran oil dues

“It may have been covered or hedged in forwards,” said Ashtosh Raina, head of foreign exchange trading, HDFC Bank in Mumbai. The oil ministry …
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USD/CAD sees 1.30, 12M view – Rabobank

FXStreet (Barcelona) – In lieu of soft Canadian data, Jane Foley, Senior Currency Strategist at Rabobank, sees further easing ahead by BoC this …
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