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The USDIndex is up from session lows under 104, but at 104.07 still down on the day as EGBs and Treasuries rally and gold is back in favor. Bunds outperformed during the European AM, after weaker than expected inflation numbers out of Germany and France, but despite this EURUSD managed to climb above the 1.06 mark. Cable is trading at 1.2053.

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Stuart Cowell

Head Market Analyst

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With over 25 years experience working for a host of globally recognized organisations in the City of London, Stuart Cowell is a passionate advocate of keeping things simple, doing what is probable and understanding how the news, charts and sentiment work together to provide trading opportunities across all asset classes and all time frames.


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