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Breaking: Euro falls to fresh 2019 low on risk appetite driven US Dollar strength

The Euro is trading down some 0.4% below 1.1275 falling to the lowest level in 2019 as the US Dollar is broadly higher on improved risk sentiment.

The latest round of trade talks between China and the US began in Beijing with the optimistic headlines fueling the improved risk appetite, while US lawmakers are expected to avert another government shutdown.

China's officials struck an upbeat tone in trade talks with Shanghai exchange rising more than 1% after a week-long Lunar New Year holiday in China.

 

 

GBP/USD slumps below 1.29 as DXY advances to fresh 2019 highs

The GBP/USD pair came under heavy selling pressure during the European trading hours after the data from the UK, once again, highlighted the economic
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WTI resumes slide, hits 3-week lows below $51.50

WTI (oil futures on NYMEX) dropped further during the US session and at the moment consolidates below the key $52.00 area suggesting more losses ahead
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