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Eurostoxx futures +0.5% in early European trading

February 3, 2021 by admin 0 Comments

The positive tones spill over to Europe in early trades

German DAX futures +0.5%
UK FTSE futures +0.3%
Spanish IBEX futures +0.7%

This mirrors the positive mood in US futures, with S&P 500 futures seen up 0.4% and Nasdaq futures up 0.7% as the market exudes more calm on the week so far.

In the major currencies space, the dollar is keeping steadier with EUR/USD at 1.2030 near the lows for the day but still caught within a 20 pips range. The kiwi still leads gains marginally as NZD/USD holds above 0.7200 after better Q4 unemployment data earlier.

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This article was originally published by Forexlive.com. Read the original article here.