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Euro slips below 1.19 as German elections create political uncertainty

Angela Merkel secured a fourth term as chancellor on Sunday, despite the fact her centre-right bloc recorded its worst result since 1949. Merkel’s election victory was overshadowed by a far-right surge, which garnered 13 percent of the vote, while Read More →

EUR/USD: It’s ‘Now Or Never’ For Tactical Bears; Levels To Watch – SocGen

Societe Generale Cross Asset Strategy Research argues that around it is impossible to chart EUR/USD around current levels without noticing that the recent strength is looking overdone.

"The image we have used over and over again is of the Read More →

USD: To Strengthen Into Year-End; GBP: Difficult To See Further Gains N-Term – BofAML

Bank of America Merrill Lynch FX Strategy Research argues that the theme of policy divergence should remain the dominant driver in G10 FX for the rest of the year in the absence of a significant escalation of geo-political risks.

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