The Dollar is continuing to weaken across the board as markets dismiss the idea of early US rate hikes and get back to doing what they like best which is sell Dollars. Eur/Usd has moved past offers at 1.4070 with ease and is now closing in on 1.4100. Cable is in the same boat with the move above 1.6300 triggering stops to squeeze very quickly up to 1.6360. Oil also continues to climb now trading above $70 a barrel again.
Dollar continues to weaken across the board
Source: www.forexlive.com
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