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Sterling Slides To Lower Ground
Brent Crude (BRT), currently at 116.48, continues its higher highs moving steadily towards its previous resistance at 117.80.
The euro (EUR) has gained considerably against a weaker Japanese yen (JPY) moving above 126.60. The move is supported as the European economy consolidates and at the same time Japanese suggest that a weaker yen is needed to boost exports.
The US500 (SPI), which tracks the largest 500 American companies, had pushed above 1509 and is testing its support around 1504.
Written by Easy Forex