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EUR/USD reaches fresh highs above 1.0900

FXStreet (Córdoba) - EUR/USD jumped from 1.0830 and climbed to 1.0907, hitting the strongest level since April 7. Afterwards pulled back modestly and it was hovering around 1.0900. The pair is posting moderate gains on Monday, boosted by a decline of the US dollar across the board.

EUR/USD keeps bullish outlook

Today, the pair is rising for the third trading day in a row and keeps a bullish tone in the short term. If it continues to rise it would approach 1.1000 and the key resistance area located around 1.1050.

Greece changes names and creates optimism

Greek bonds were rising in the market after the government announced that negotiations between Greece and its creditors will be now led by a team headed by Euclid Tsakalotos, the Chief Economic Minister instead of Yanis Varoufakis.

Further easing expected by CBR – TDS

Paul Fage, Senior Emerging Markets Strategist, sees the Russian central bank lowering the benchmark rate by 100 bp on Thursday...
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NZD/USD: RBNZ / FOMC risk ahead

NZD/USD is currently trading at 0.7647 with a high of 0.7654 and a low of 0.7583.
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