A new week begins with EUR/USD edging to higher levels and USD/JPY consolidating around the lows. After the greenback took a beating last week, there seems little scope for a recovery. The British pound continues ignoring uncertainty about the EU referendum and the Australian dollar is unmoved by the Chinese data and ahead of the rate decision. Will the dollar sell-off continue? A lot depends on the Non-Farm Payrolls, but with no rush from the Fed, it is hard to see it coming.
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