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It has been a range-bound session for the majors as a lack of economic releases coupled with the absence of new sovereign debt headlines allowed risk assets to stabilize somewhat. For now, the panic element that had fuelled EURUSD’s plunge has subsided, but worries surrounding the PIGS (Portugal, Ireland, Greece and Spain) are by no means gone, leaving EURUSD stable but still heavy around 1.3695… | ||||||||||||||||||||
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