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Just be wary though that US futures are looking fairly cautious, with S&P 500 futures now down 0.2%. That’s sort of eating into the early optimism and could bite at European stocks later on. Of course, Wall Street will be a different beast with dip buyers showing some mettle from yesterday. The near-term bias has switched to being more neutral for the first time in a month:
This article was written by Justin Low at www.forexlive.com.
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