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EU Commission: EU ready to react to any restrictive US trade measures

In response to the US President Donald Trump's inclination towards a more protectionist stance, the EU Commission was out with some comments this Monday, noting that trade policy is not a zero-sum game and that the EU is ready to react swiftly and appropriately to any restrictive US trade measures. 

Additional headlines:

   •  while trade has to be open and fair it also has to be rules-based
   •  EU pledges swift response to any restrictive measures
   •  EU engaged with US over trade agenda

GBP/USD slides farther below 1.41 handle

   •  Surging US bond yields revive USD demand and prompt some selling.    •  Possibilities of some stops being triggered below 1.41 handle.    •  T
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EUR enthusiasm rose again, net USD positions turned more sour - Rabobank

According to the IMM net speculators’ positioning as at January 23, 2018, enthusiasm for the EUR rose again last week edging above the recent highs, n
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