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Posted by
Two Blokes May 27 -
Filed in
Forex
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The Euro is trading higher for the second consecutive day, still fuelled by the delay of Trump's deadline to avoid 50% tariffs in the US, while the Yen declines alongside super long-term Japanese yields. The pair extended its rebound from last week's lows, at 161.00, to levels above 163.00 and is aiming for the 163.45 area, favoured by broad-based Yen weakness.
