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The dollar was up against the yen, with USD/JPY up 0.95% at 114.68, and up against the Swiss franc, with USD/CHF up 0.49% at 0.9647.
ADP reported that non-farm private employment rose by 230,000 last month, beating expectations for an increase of 220,000.
EUR/USD was down 0.53% at 1.2476. The dollar was mixed against its cousins in Canada, Australia and New Zealand, with USD/CAD down 0.10% at 1.1399, AUD/USD down 1.75% at 0.8583 and NZD/USD down 1.05% at 0.7730.
Daily targets-signals Short Euro at 1.3089 stop loss at 1.3124 Long euro at 1.3036, stop loss at 1.3002
Technical Analysis EURUSD EURUSD broke above the 1.13 level and also above the 1.1318 resistance but sellers rushed and push the pair back below the 1.13 and this is not a good sign for the […]
Australia’s dollar strengthened after a report showed China’s economy grew 7.5 percent in the second quarter, matching economists’ estimates. The Australian currency dropped last week after Chinese Finance Minister Lou Jiwei said this year’s expected […]
