There have been no real developments since the EU summit announcing, but slowly the optimism generated by deeper fiscal integration has worn out. EURUSD fell to 1.3161, while AUDUSD touched 1.0030 before light buying pushed the pair off the lows. Gold was the big loser, falling nearly $60 to $1650.93 since the Friday close. Regional equity indices fell broadly yesterday and the downward trend was... ...More...


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