Market and analysis overview
The dollar was able to gain support on Thursday as EUR/USD dipped to lows just above the 1.32 level.
There is a US market holiday on Monday which will curb liquidity on Friday and will also increase the
potential for erratic trading conditions as month-end positioning will be compounded by the long US
weekend. With important underlying stresses surrounding emerging markets, there is a high risk of very
choppy trading conditions during Friday.
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