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Forex: EUR/USD muted after EMU data

The shared currency keeps the 1.3335/40 area after the EMU Current Account surplus (s.a.) shrunk to €13.9 billion in December from €15.9 billion in the previous month. Results for the n.s.a. print were €27.0 billion vs. €20.8 billion, against estimates at €13.6 billion and €30.0 billion respectively.

In another direction, December Spanish bad-loans ratio dropped to 10.44% from 11.38% in the previous month.

At the moment, the pair is down 0.08% at 1.3337
Next support levels line up at 1.3307 (low Feb.15) ahead of 1.3286 (low Jan.24) and then 1.3271 (MA55d).
On the flip side, a breakout of 1.3393 (high Fev.15) would open the door to 1.3415 (hourly high/low Feb14) and then 1.3422 (MA10d).

Forex: EUR/JPY higher on Japan PM Abe's words

The European opening pulled the EUR/JPY back to the daily opening price of 125.16, but the EUR/JPY has been moving higher again. As of writing, the market trades at 125.39 (+0.37% on the day) after the release of EMU current account.
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Forex Flash: Dollar up on Yen as G20 wimpers - OCBC Bank

Emmanuel Ng of OCBC notes that USD has started the week up on JPY as market anticipation of a G20 whiplash for Japan failed to materialize.
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