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• “We instigated this commerce concept final week following the failure of EUR/USD to keep up ranges above 1.1000 and given the continued resilience of US yields as US financial knowledge continues to point out restricted indicators of a slowdown or recession. Nothing has modified this week to justify closing this place and we see a continued gradual transfer decrease”

MUFG is concentrating on a transfer in direction of 1.0770, with a cease at 1.1160

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Mitsubishi UFJ Monetary Group is the world’s second-largest financial institution holding firm and second-largest public firm in Japan.