Euro Rebounding Higher, Eyes Parity With Dollar

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Euro Rebounding Higher, Eyes Parity With Dollar

European majors are trading generally higher today, as led by Euro this time. In particular, Euro looks set to reclaim parity against Dollar with current rebound. On the other hand, commodity currencies are trading lower together with Yen. Aussie is under renewed selling pressure, as traders continue to assess RBA’s smaller than expected rate hike. […]

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