EUR/USD EDGES LOWER, AND TESTS 1.0750 SUPPORT AS A TRIPLE BOTTOM STAYS IN PLAY

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As the New York session finished, EUR/USD fell 0.64% or 69 pips. A risk-on impulse did not help the Euro (EUR), which, pressured by a banking crisis threatening to spread to the Eurozone, weakened the shared currency. At the time of writing, the EUR/USD is trading at 1.0759.

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