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Tuesday, June 29, 2010

Euro Could Find Support If Risk aversion Wanes Ahead of Non-Farm Payrolls

The EURUSD has regained its footing after coming under pressure in early trading on concerns over European banking and U.S. growth. A dismal U.S. consumer price report helped fuel risk aversion but unlike equity markets that continue to tumble the single currency has shown more resiliency.

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[Source: DailyFX Forex Market News]

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