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Forex: EUR/USD hovering over 1.3020/25

FXstreet.com (Barcelona) - The single currency is trimmings overnight gains around 1.3020/25 after hitting highs above 1.3040, in a context dominated by the risk appetite.

In the data front, German Import Prices contracted less than expected during March, falling 0.1% on a monthly basis and 2.3% over the last twelve months vs. forecasts at -0.2% and -2.4%, respectively.

At the moment the cross is up 0.06% at 1.3020 with the next resistance at 1.3130 (high Apr.19) ahead of 1.3202 (high Apr.16) and finally 1.3229 (50% of Feb-Apr slide).
On the downside, a breach of 1.2997 (MA21d) would expose 1.2954 (low Apr.24) and then 1.2944 (MA200d).

Germany: Import Price Index falls 0.1% in March

German Import Price Index fell 0.1% in March, compared with the 0.3% growth in February, according to data published on Friday by Deutsche Bundesbank. Economists projected slightly more decline of 0.2%.
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Asian markets mixed on Friday, Japan down after BoJ

As the week ends, equity markets in Asian were mixed. Mainland China’s Shanghai Composite (-0.26%), South Korea’s Kospi (-0.30%), India’s Bombay Sensitive (-0.30%) moved lower, while Hong Kong’s Hang Seng (+0.80%), Indonesia’s Jakarta Composite (+0.13%) and Singapore’s Straits Times (+0.16%) improved their value.
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