Forex: EUR/USD hovers directionless at 1.2800
FXstreet.com (Barcelona) – EUR/USD upside correction from 1.2586 on Aug 24 hit its highest level for 2 weeks at 1.2854 on Sept 1, after a higher risk appetite on solid economic reports convinced traders to reinstate long positions in the Euro. After faltering at 1.2850/55 area, the pair pulled-back to end at 1.2807 in NY. The pair is presently at 1.2801, barely unchanged from its previous close.
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Forex: NZD/USD approaches 0.7130 resistance level
FXstreet.com (Córdoba) – The Kiwi was on the rise this Wednesday after 2 days falling, and against the Greenback it managed to consolidate a 132-pip or 1.89% gain favored by a series of upbeat economic data and rising stocks around the globe.
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Forex: EUR/USD firm above 1.2800
FXstreet.com (Buenos Aires) – EUR/USD Current price: 1.2804. Euro managed to post impressive gains today, following risk appetite since early Europe: stocks around the world post strong gains, favored by better than expected US manufacturing data.
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Tags: 1.2800, directionless, EUR/USD, forex, hovers
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