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EUR/USD should largely be range-bound around 1.10 – ING

The softer headline US employment figure provided something of a reprieve to EUR/USD on Friday. Economists at ING expect the pair to hold 1.0920 – the 100-Day Moving Average.

100-DMA seems to be holding EUR/USD 

The pair seemed to find support around the 100-DMA  which is now just above 1.0920. Whilst that holds, some trend followers will be able to hang onto their bullish EUR/USD views.

It looks like another mixed week for FX markets. This suggests EUR/USD should largely be range-bound around 1.10.

 

Silver Price Analysis: XAG/USD remains depressed around mid-$23.00s, holds above 61.8% Fibo.

Silver struggles to capitalize on Friday's goodish rebound from the $23.20 area, or its lowest level since July 12 and attracts fresh sellers on the f
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China Foreign Exchange Reserves (MoM) above expectations ($3.2T) in July: Actual ($3.204T)

China Foreign Exchange Reserves (MoM) above expectations ($3.2T) in July: Actual ($3.204T)
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