Currently 138.65 pinned to the spot still. 50 and 200 DMA’s adding to cap
Sellers 138.85-90 139.00 139.25 139.50 139.80 140.00
Buyers 138.50 138.00 137.70(stops below) 137.50 137.00
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EURJPY orders 7 July
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- China April CPI 1.2% y/y (expected 0.8%, prior 0.1%)
- PBOC sets USD/ CNY reference rate for today at 6.8467 (vs. estimate at 6.7988)
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- Iran oil shock has put Fed rate cuts off the table and hikes back on, Pimco says
- PBOC is expected to set the USD/CNY reference rate at 6.7988 – Reuters estimate
- UK and France convene 40-nation defence meet on Hormuz as Iran issues war warning
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