Euro: Rebound tests key resistance band against US Dollar – UOB

United Overseas Bank’s Quek Ser Leang and Lee Sue Ann highlight a strong EUR/USD rebound to around 1.1200 after recent oversold weakness.
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Euro hits fresh 16-month lows against a firmer British Pound 

The Euro (EUR) resumes its downtrend against the British Pound (GBP) as high Oil prices are hitting the common currency harder than the GBP, while concerns about France’s public debt keep investors on their toes.
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