Risk trades ease lower as the market catches its breath 0 (0)

The yen is extending gains in the major currencies space
Oil has turned around gains to keep lower with WTI falling from $58.60 to $57.75, down 0.4% on the session at the moment. European equities are also keeping slightly lower while S&P 500 futures are pushed to session lows, down 0.2%.

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Silver up by nearly 2% on the day as buyers eye $28 again 0 (0)

Silver is one of the better performers in European morning trade
Precious metals are showing a solid bounce this week, with gold advancing towards $1,850 and silver now up by nearly 2% on the day and closing in on $27.80 as the dollar is seen weaker across the board in European trading.

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Cable retreats below 1.3700 on firmer dollar, tests key near-term level 0 (0)

GBP/USD falls to a session low of 1.3686 as the dollar keeps firmer on the day
After having slipped in Friday trading, the dollar is coming back into favour today as Treasury yields keep higher in the European morning. That is now seeing the greenback push to sesion highs against a couple of major currencies, with

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Not a good look for the euro as dour sentiment makes its way into the data 0 (0)

The euro’s shine at the end of last year is starting to look more dull now
The miss on the Sentix investor sentiment earlier may be but one data point but it is starting to reflect weaker conditions overall in the euro area to start the new year. Let’s take a trip back to the euro

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