I’m short EUR/MXN in the second quarter, given the Euro’s resilience against EM currencies in the last 6 months, despite risk-on appetite bringing them back from March 2020 lows.
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I’m short EUR/MXN in the second quarter, given the Euro’s resilience against EM currencies in the last 6 months, despite risk-on appetite bringing them back from March 2020 lows.
from DailyFX – Market News https://bit.ly/3uEFh7R
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The Rand opened up strong this week on the back of strong economic data and a weakening U.S. Dollar, while key technical levels come into focus.
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The DAX 30 soars to new highs bolstered by strong US data, vaccine concerns could sour sentiment
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Ethereum printed a fresh all-time high over the weekend, while Bitcoin continued to nudge the $60k level. Both are set fair to make further gains
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EUR/GBP has tumbled in recent days as the UK vaccine program outpaces the EU’s but it could be time now for at least a minor retracement higher.
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