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Session Recap: Euro and Pound under pressure, USD/JPY break down 93.00

Today's American session is seeing how the Euro is suffering after poor Eurozone GDP and a horrifying 27% unemployment rate with the EUR/USD testing levels around the 1.3300 frontier. Fundamentals in US has published good data as jobless claims continued its downtrend. However, it isn't about Dollar strengthening but Euro weakness.

Elsewhere, the pound fell to a fresh 6-month low sub-1.5500 versus the greenback, while the yen broke below the 93.00 level to a low of 92.65, minimum since Feb. 11.

Main Headlines in America (in chronological order):

US: Initial Jobless Claims fell to 341K
Commodities Brief – Gold prices rally on waning equities
Forex: GBP/USD goes under 1.5500
Forex: EUR/USD muted after US jobs data
American equity markets stumble Thursday
Session Recap: EUR/USD suffers after GDP, GBP/USD at 6-month lows
Forex: EUR/USD consolidates around 1.3335/40

Forex Flash: GDP flash estimate bad for the euro – UBS

The flash estimates for the eurozone GDP in Q4 disappointed expectations clearly, says UBS team. "Negative surprises came from all regions, even Germany was a tick below expectations".
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Forex: USD/JPY ends at 3-day low; evidence of top below 92.00

After the steady bull trend from the mid 77s which has seen a temporary top at 94.00, the USD/JPY continued to show inability to counter-attack intraday selling pressure.
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