Italy Trade Balance EU: €1.223B (May) vs previous €1.851B

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Dollar to remain bullish - Goldman Sachs

Robin Brooks and Fiona Lake, analysts at Goldman Sachs remain of the view that the drivers of USD against the major currencies– interest rate differentials, shifts in the oil balance in the US, safe-haven demand and reserve recycling – continue to point to USD strength.
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Yellen helps EUR/USD below 1.36 - UBS

The UBS analyst team noted that Yellen testimony confirms a positive perspective for the USD and thus a negative path for the EUR/USD.
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