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Technical Forex News

EUR/USD off highs, back below 1.0900

After hitting fresh 3-week highs near 1.0930, EUR/USD has now surrendered part of the daily gains and is now deflating to the 1.0900/1.0890 band. Greek headlines have bolstered the pair’s upside today, in an otherwise apathetic start of the week. In fact, the Greek government has announced a re-shuffle of the negotiating...

Majors

USD/CHF rejected from below 0.9500

USD/CHF dropped at the beginning of the American session but bounced quickly to the upside, erasing losses.

GBP/JPY breaks above 181.00

The pound is extending gains versus the yen and recently reached at 181.57, the strongest level since...

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Fundamental News

Greece is revising its reforms list – German newspaper Bild

The German daily Bild is reporting that Greece is planning to present a new list of reforms to creditors on Wednesday.

Economic Indicators

US service sector growth rate in April eased from seven month high

The flash US Markit services Purchasing Manager’s Index (PMI) came-in at 57.8, missing the estimate...

Central Banks

CHF "significantly" overvalued – SNB's Jordan

Swiss National Bank (SNB) governor Jordan, while addressing SNB AGM at Bern on Friday, said the CHF...

Equities

FTSE pushed up gains in HSBC shares

The London’s Ftse index advanced 0.51% to 7107 on Monday as the shares in HSBC rose 3.5%, extending...

Commodities

Gold clings to $1,200

The troy ounce of the precious metal is advancing more than 2% at the beginning of the week, managing...

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Brokers News

EXNESS has released an infographic about currency wars

Currency wars were previously thought to be a fairly rare occurrence, but more and more...

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