Euro (1.3328) was trading above 1.33

The Euro (1.3328) is trading above 1.33 after having falling to 1.3212 in the US session on Friday. The market is hearing reports that the IMF may be ready to support Italy.   USDCHF (0.9270) has come off of Friday’s high of 0.9330 and could test towards 0.92.   The Aussie (0.9880)  bounced off strong support on the monthly charts. The Cable (1.5525) is also consolidating a little.

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