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US stocks turn positive, CHF plummets

After a negative open, US equities recovered ground and turned positive while European markets finished with mixed results.
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EUR/USD retreats and drops to 1.2880

The euro dropped further against the US dollar and hit a fresh low at 1.2882. EUR/USD rebounded afterwards and it was trading around 1.2900, almost 40 pips below the price it closed yesterday.
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