We’ve bounced a few pips after falling to 80.13. Bids are seen all the way down to 80.00 with small stops below 79.95/85.
EUR/JPY falling as well with support seen at the 200 dma at 107.10.
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Another leg down in USD/JPY
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
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- ECB policymaker Lane hints the market is correct in expecting a rate hike in June
- Oil prices nudge up from overnight lows awaiting further US-Iran developments
- Indian Rupee recovers losses on lower oil prices, but risks remain on prolonged stalemate
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