The EUR/USD pair trades with a negative bias for the second successive day on Monday and languishes near the YTD trough, around the 1.0770 region during the early European session.
US initial jobless claims and continuing claims – initial jobless claims 779K vs. 830K estimate. Prior week revised down to 812K from 847K – four-week average of initial claims 84
Investors have taken a more positive view of the systemic risk situation in China following news that the major Chinese developer Country Garden has been granted a deferral of coupon payments on some
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