Daily Morning Call
From the Floor: EURUSD spike scares the bears
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● Strong US non-manufacturing PMI clears the way for rate hike next week – Liu
● EURUSD spikes higher on massive short squeeze – Hardy
● Bears scared by EURUSD latest action – need resistance before 1.0850 – Hardy
● Our Breakout system is flashing close-to-entry in Dax – Garnry
● Italian banks not bid, investors awaiting BMPS and UniCredit fate – Garnry
● Gold remains troubled by rising stocks & yields despite weaker USD – Hansen
● Oil rally pauses as Opec Nov. output hits new record – Hansen
● Opec really needs backing of non-Opec producers on cuts – Hansen