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  • Squawk / Yesterday at 11:35 GMT
    Global Head of FX Spot / Saxo Bank
    Denmark
    EURUSD: Offers said to be lining up at 1,1250 - just above 38,2 fibo @1,1244- with stops seen above.
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  • Squawk / Yesterday at 11:29 GMT
    Global Head of FX Spot / Saxo Bank
    Denmark
    EURUSD: Grinding through 1,1210-30 resist.
    1.1244 is 38.2 fibo of 1.1380-->1.1160 (also Friday's high)
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  • 17h
    Mister Fischer Mister Fischer
    This comment has been redacted
  • Article / Yesterday at 10:30 GMT

    Daily Shot: Death by a thousand cuts?

    TradingFloor.com Team / Saxo Bank
    Denmark
    China has cut its benchmark interest rate for the second time this year as low growth and deflationary pressures hit the economy. The US, on the other hand, appears to be growing closer to a rate hike, but any timing errors from the Fed could put a real damper on equity markets.
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  • Squawk / Yesterday at 9:58 GMT
    Global Head of FX Spot / Saxo Bank
    Denmark
    EURUSD: Chewing through the offers in the 1,1180-90 region and breaking above the 1,1200 handle aided by strong German CPI (foreign orders).
    Technically resist is seen here in the 1,1210-30 and above that in the 1,1250-60 zone ahead of 1,1320. 1,1160 and 1,1100 supports.
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