Oil – weak recovery in Asia amid oversupply concerns

Oil prices at both the sides of the Atlantic are up slightly in Asian trade following a drop below $40/barrel in the NY session yesterday. At the tim
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EUR/USD once again struggles near 38.2% Fibo hurdle

EUR/USD ticked higher in Asia, but the momentum appears to have lost steam once again with prices hovering just below 1.1181 (38.2% of 1.1616-1.0911).
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