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US Open Preview – Dollar broadly weaker ahead of Powell’s testimony – Stoxx 600 hits 3-week high

Euro/dollar was 0.3% up as well as pound/dollar traded greater by 0.5%, striking a 10-day high of 1.4069 earlier on Monday. At 1213 GMT, the pan-European Stoxx 600 was up by 0.5%, tape-recording a three-week high of 384.13 earlier on Monday, while the leading Euro Stoxx 50 traded greater by a comparable percentage. The UK’s FTSE 100, German Dax and also French CAC 40 were up by 0.5%, 0.25% as well as 0.5% specifically.

Euro/dollar was 0.3% up as well as pound/dollar traded greater by 0.5%, striking a 10-day high of 1.4069 earlier on Monday. At 1213 GMT, the pan-European Stoxx 600 was up by 0.5%, taping a three-week high of 384.13 earlier on Monday, while the excellent Euro Stoxx 50 traded greater by a comparable percentage. The UK’s FTSE 100, German Dax as well as French CAC 40 were up by 0.5%, 0.25% and also 0.5% specifically. Gold was 0.65% greater at about $1,338 each ounce. Kiwi/dollar last traded 0.5% greater at 0.7325.

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