Dollar pressured into Month-end – Euro crosses lifted in European open but also during Asian trading on headlines reporting that ECB member Nowotny said that Italy’s problems shouldn’t delay the central bank from tightening policy. The Canadian Dollar came under pressure after trade talks finished in Washington on Thursday without progress, which disappointed some, though hopes for a handshake deal later today remain high. The Yen has posted moderate gains amid a backdrop of souring risk appetite in global markets and associated concerns about emerging markets.
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Stuart Cowell
Head Market Analyst
HotForex
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