EUR-USD clocked a three-session high of 1.2355 on a continued dollar softness. The euro is trading more mixed versus other currencies, losing ground to sterling and Australian dollar, while gaining moderately versus the yen, suggesting that forex markets are not too perturbed by the next weekend’s general election in Italy, where attention will be on how well EU-sceptic parties, such as the Northern League, fare. USD-JPY ebbed for a fourth consecutive session, logging one-week lows under 106.50 after a rally in early stalled at 107.21.
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