In the daily currency technicals, the euro rejects 1.2400, Japanese yen has its way, the British pound slows ahead of 1.7900, and the Swiss franc holds below 1.2700.
We are far closer to $100 oil than we thought we could have been at the beginning of the year, especially since the hot spots around the world are igniting while demand continues to grow.
The US dollar succumbed to selling pressure today as the G7 harshened its stance on China, calling for exchange rate flexibility specifically from the Asian giant.
In the daily currency technicals, the euro heads towards 1.2400, the Japanese yen takes over, the British pound looks for 1.8000, and the Swiss franc holds below 1.2700.
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