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Session Recap: USD declines across the board on risk appetite

FXstreet.com (San Francisco) - The Greenback priced lower on Tuesday against its major competitors as investors were trading on risk appetite environment. The EUR/USD is testing the 1.3100 level after rising around 0.60% so far today. The GBP/USD recovered Monday losses and 0.45% daily gains the cable is consolidating above the 1.5300 level.

The USD/JPY is declining 0.38% on the day to trade close to the 99.00 area. Regarding the yen, the Nipon currencies declined further with the GBP/JPY testing the 152.50 level for first time since Oct 2009 and the EUR/JPY rising to 130.10, highest since January 2010.

Main headlines in the American session:

American equity markets advance at opening

Forex: EUR/USD remains capped by 1.3070/75 area

US: Wholesale Inventories fall -0.3% in February

UK: NIESR GDP Estimate (3M) grows +0.1% in March

Forex: GBP/USD back below 1.5300

Forex: EUR/USD breaks above 1.3075 and focus on 1.3100

Upbeat UK data supports the Cable

Forex: EUR/JPY eyes 130.00 as sentiment sharpens

Forex: GBP/USD rises to test the 1.5340, intra-day high

Forex: EUR/USD treading water around 1.3090/1.3100

Forex: AUD/USD rises above 1.0500

Forex: USD/JPY falls to 99.00 level

The Dollar is currently trading lower against the Yen and after retreating from session highs at 99.35, the USD/JPY has fallen around 40 pips in the latest few minutes to trade below the 99.00 level and test the 98.90. Currently the pair is trading at 99.00.
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