EUR-USD has settled back under 1.0950 after failing to sustain gains above here in both Asia and the early European session. This has left yesterday's 1.0969 peak untroubled and market participants perceiving there to be good selling interest above 1.0950. USD-JPY has steadied after extending further into one-week low territory in early London trade. The pair has settled above 123.70, leaving a low at 123.57. A broadly softer dollar and low stock markets today, following earnings misses at Apple and Microsoft, weighted on USD-JPY.
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