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Forex: EUR/USD closing the week around 1.3350/55

The shared currency remains trapped around 1.3350/55 as the trading week draws to a close. Miserable data from the euro zone during the week kept the demand for euros subdued, redirected instead towards safe havens like the USD, CHF and JPY.

Extremely light docket awaits investors on Monday, as the only release would be the EMU Current Account for the month of December.

At the moment, the pair is losing 0.06% at 1.3356 with the next support lying at 1.3306 (low Feb.15) ahead of 1.3286 (low Jan.24) and then 1.3266 (MA55d).
On the upside, a breakout of 1.3415 (hourly high/lows Feb.14) would expose 1.3440 (MA21d) and finally 1.3456 (high Feb.14).

Forex: US Dollar Index flat around 80.55/60

The greenback, tracked by the US Dollar Index, keeps the positive ground so far around 80.50, propped up by positive data from the US economy and a slightly bias towards risk safer assets...
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Forex: AUD/USD ends the week below 1.0300

The Australian dollar has continued to lose ground against the greenback during the American afternoon, weighed by broad losses in stocks and commodities and is on track to close the week below the 1.0300 mark.
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