Mid-Day Report: Dollar Broadly Higher and EUR/USD and GBP/USD Dived

7:24 AM No Comments

Dollar are generally higher today as both Euro and Sterling are weighed down by respective data and events in Europe. EUR/USD breached an important support level at 1.2042, 2012 low, and 1.2 handle is looking quite vulnerable. GBP/USD also dived sharply and took out 1.54. Crude oil extended recent down



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