Afternoon Report: Markets step off the gas

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Afternoon Report: 17.30

  • It’s been a relatively quiet afternoon with no real economic news. As quite often happens, the rally has dissipated somewhat as analysts unpick the weekend headlines from Greece. Still, the main ‘risk on’ pairs if the AUD/ USD and NZD/ USD have held on the to the bulk of their gains.
  • By contrast, the dollar has eaten into the morning’s euro erophoria with the EUR/ USD now back to break even on the day.

Summary: 

 

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