The optimism generated from the departure of Silvo Berlusconi quickly drained from FX markets. It was the slow realization that nothing had fundamentally changed and that the problems that affected the Eurozone were still without a solution. EURUSD drifted down to 1.3575 from 1.3661. USDJPY was relativity unchanged around the 77 handle, except for rogue spike mid Asia although there was no signs... ...More...


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