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Sources: Iran will likely announce countermeasures against US withdrawal - WSJ

The Wall Street Journal reports the latest comments by Abas Aslani, Journalist; visiting scholar at the Center for Middle East Strategic Studies (CMESS), as he cites “sources saying that Iran's President will likely announce countermeasures against US withdrawal from JCPOA on Wednesday May 8 (anniversary of US withdrawal). The measures will be based on paragraphs 26 & 37 of JCPOA. It'll be partial ceasing of some nuclear commitments & not full exit.”

EUR/USD upside capped by 1.1200 despite upbeat data

The offered bias around the European currency remains well and sound at the beginning of the week, with EUR/USD now trading closer to daily lows in th
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GBP/USD: Short term downtrend eroded - Commerzbank

According to Karen Jones, analyst at Commerzbank, GBP/USD pair has recently eroded its short term downtrend and this is now acting as support at 1.296
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