Switzerland Unemployment Rate s.a (MoM) meets forecasts (3.3%) in July

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Aug 7, 2015

EUR/USD in flat-lining around 1.0920, German data eyed

The single currency continues to trade around a flat line versus the US dollar heading into the European opening bells, with EUR/USD hovering above 1.09 handle. The major keeps paused its two-day upbeat momentum and treads water awaiting fresh economic news from Germany ahead of today’s highlight – US payrolls due later in the New York session.

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Aug 7, 2015

WTI attempts a tepid recovery from 4-month lows

WTI oil on NYMEX is seen posting moderate gains in the early European trades, trying to recover from the lowest levels since March and heads for a weekly loss, as global oversupply worries and a stronger US dollar continue to keep the oil prices undermined.

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