The Euro (EUR) French election concerns added to the fresh Dutch AAA ratings risks causing the Friday Rally to reverse to 1.3130. The EUR/GBP fell to new lows near 0.8150. The EUR/JPY fell back aggressively from Y108 and found support at Y106.50. The outlook is mixed with the bounce off 1.3000 failing to get far and Spanish/Italian bonds still remaining under pressure.
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