Morning BriefingCurrencies are mixed. Aussie and Dollar-Yen are trading sideways while Euro has some potential of rising in the near term. Watch if Yellen’s speech has any impact on the currency movements today. Euro (1.129) rose yesterday and could continue to rise towards 1.13-1.14 in the near term. There is high potential of a rise next week. We do not see a fall below 1.1250 just now. The German-US 2YR (-1.41%) is testing immediate support near current levels and could bounce back today or in the early sessions next week. This could indicate a rise in Euro towards 1.13-1.14 (See FOREX section above).
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