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Forex Flash: Dollar retreats on majors as risk sentiment stabilises - OCBC Bank

FXstreet.com (Barcelona) - Emmanuel Ng of OCBC Bank notes that the dollar retreated against the majors on Wednesday as risk appetite levels stabilized as US data (March durable goods orders) provided little joy for USD bulls.

He sees that EUR managed to shake off a disappointing German Ifo as hopes for an imminent formation of a coalition government in Italy grew. Meanwhile, he notes that JPY remained under pressure across the board with little to distract investors from a dovish yen bias. He writes, “Elsewhere, the NZD led the way higher against the USD on better risk appetite, a recovery in commodities, and a less dovish than expected RBNZ.”

Forex: EUR/CHF eases off highs to 1.2334/38

The EUR/CHF has been trading sideways in recent minutes during European trading, despite an earlier jump that sent the pair as high as 1.2347 (session high) Thursday. In these moments however, the cross has eased slightly to 1.2334/38, notching a modest gain of +0.06% on the day.
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Forex Flash: Global interest in Japan's growth strategy has increased - Nomura

Nomura economists note that global interest in Japan´s growth strategy has increased of late.
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