Traders remain reluctant to short-EUR/USD anywhere close to the 1.49 area as central bank demand from the likes of Russia just below that level portend limited profit opportunities. One stock index futures and oil futures arrested their earlier drops, traders we’re quick to cover intraday shorts, sending EUR/USD back up in its range. Offers are seen near-term toward 1.4950/55. 1.4943 was the high for the intraday rebound thus far.
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