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EUR losing ground across the board
Posted in on 11:32 AM by S & S
No major moves as of yet but the EUR has lost its' "darling" status amongst traders and long positions are being chopped across the board. EUR/GBP, EUR/JPY and EUR/USD are all trading heavily in the first hour of Tokyo trade. Dealers say that it is mainly flow driven with accounts starting to book profits on more medium term positions.