Currently 0.7945 near session lows after weaker Eurozone/stronger UK PMI data. Still 0.7900-8000 range on the wide
Sellers 0.7960-65 0.7980 0.8000 0.8030-35 0.8050 (stops above)
Buyers 0.7935-40 0.7920 0.7900-05 0.7885 0.7865-70 0.7850 0.7835 0.7800
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EURGBP orders 1 Dec
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- USD/JPY treads with caution amid fear of incurring another intervention hit
- Oil prices stay elevated amid rising tensions in the Strait of Hormuz, US-Iran stalemate
- Gold's outlook remains neutral-to-bearish amid prolonged US-Iran stalemate and neutral Fed
- Switzerland April CPI +0.6% vs +0.6% y/y expected
- What are the main events for today?
- Iran parliament speaker says US has jeopardised shipping security through Strait of Hormuz
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