FX & CFD trading involves significant risk
EUR/USD jumps from around $1.3140 to $1.3180, as traders react to an unnamed source in the Portuguese press suggesting China ready to buy between E4-5bln of Portuguese debt. Rate currently holds around $1.3165. Offers earlier reported between $1.3170/75, a break to allow for a move on toward $1.3192/1.3202 (NY/Europe highs Tuesday).
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