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Forex News 20/5/16

-WTI crude for June delivery rose 0.92% to $49.22 a barrel. Brent crude gained 0.88% to $49.24 a barrel.

-China’s blue-chip CSI300 index .was up 0.1 percent at 3,065.45

-The Nikkei 225 rose 0.27%. The Shanghai Composite Index rose 0.17%

-The market is currently ascribing around a 60 percent chance that the U.S. Fed will hike rates by the July

-The pound reached a two-week high of $1.4663

-EUR/USD finds support above 100-DMA at 1.1175

-Gold’s overnight recovery from three-week lows

-USD/CAD deflates from 6-week tops

-UD/JPY pair rises 0.23% to 79.65, heading for a test of 20-DMA

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