By Andrew M Spencer — Apr 14 - 11:35 PM
+0.1% near the top of a 1.2442-1.2463 range with consistent flow on D3
US will not take part in action against Iran, E-mini S&P +0.15%, Brent -0.2%
Asian stocks off with Friday's Wall Street dip - muted safe-haven interest
Weather caused $6 bln UK home, business property insurance payouts in 2023
Payouts will result in rising premiums which will fuel inflation
Techs; 5, 10 & 21-day moving averages fall, 21-day Bollinger bands expand
Daily momentum studies slip - last week's fall left a bearish outside week
Close below resilient 1.2500 support targets 1.2368, 0.618% Oct-March rise
The 1.2558 high on Friday and Thursday's 1.2578 top are initial resistance
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Source:
Refinitiv IFR Research/Market Commentary