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European benchmark indexes heavily sold

FXStreet (Bali) - IG is reporting on European market futures being heavily sold off with FTSE -192, DAX -463, CAC -213, IBEX -474, MIB -989. The capital controls in Greece (banks will close for the next 6 business days) together with the official Greek default on the IMF on June 30th, has sent global markets, especially European into turmoil, with many unknowns resulting in a huge sense of uncertainty.

EUR/USD one month 1.06 target quite achievable - Westpac

Westpac's one month EUR/USD target of 1.06 is suddenly looking quite achievable, notes Sean Callow, FX Strategist at Westpac.
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EUR/USD: Target of 1.0860 before bleeding stops? - FXStreet

According to Valeria Bednarik, Chief Analyst at FXStreet, EUR/USD upside will likely remain limited on Monday, with scope to decline down to the 1.0860 during European hours.
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