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Forex: EUR/USD pressured, looks at 1.3300

After testing yesterday's low of 1.3316 as the European session opened, and keepin steady at 1.3320/40 range for most of the morning, the EUR/USD has just returned to the downside and went as low as 1.3307 ahead of the US session.

Investors have been eyeing headlines on the G20 subject. EU's Rehn and ECB's Asmussen called for more focus on reforms and less attention to fiscal and monetary stimulus. ECB's Weidmann is against cutting interest rates further.

The G20 meeting is strengthening the JPY as Japan monetary policies are put into question. "USD/JPY’s corrective potential will increase on a push under 92 in the short run, ditto EUR/JPY below trend support at 123.00", wrote TD Securities analysts. "That will spill over into a heavy-looking EUR/USD, which is pressuring key support at 1.3330 (40-day MA)", they explained.

Forex: USD/JPY bouncing off lows, around 92.65

The Japanese yen is extending its appreciation against the greenback on Friday, trading in the 92.60/65 region after bottoming in the proximities of 92.20, as risk aversion is pushing higher...
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Forex: AUD/USD falls to fresh lows

After being rejected once again by the 1.0375 resistance area, the Aussie came under pressure, and slid to fresh daily lows versus the greenback ahead of the NY opening, weighed by broad risk aversion and RBA official's comments.
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