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Session Recap: Dollar firmer to start the week

FXstreet.com (Córdoba) - The dollar is firmer against the majors to start the week, particularly against the yen. EUR/USD gave up ground although it continues to trade within its recent tight range around 1.3000/1.3050.

Meanwhile, the GBP/USD fell back below 1.5100 and USD/JPY managed to rise back above 100.00 regardless the Japan holiday. USD/CHF consolidates above 0.9500 while commodity currencies trade a touch weaker after Chinese GDP came in line with expectations.

Main Headlines in Europe:

Spanish socialists call for Rajoy’s resignation

Switzerland: Producer and Import Prices grow 0.1% in June

Flash: What’s the sentiment around the EUR/USD today? – Commerzbank and UBS

ECB’s Hansson: Conditionality on ECB’s forward guidance is important

Greece submerged in protests ahead of vote on new cuts

US Dollar Index consolidates above 83.00

The greenback, measured by the US Dollar Index, is extending its intraday ascent, hovering over the area of 83.20/25 after dipping to 82.85/90...
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EUR/USD pierces 1.3000

The bearish sentiment surrounding the euro is now accelerating, pushing the EUR/USD to challenge the critical support at 1.3000 on Monday and print fresh session lows....
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