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Europen markets closed mixed, euro around 1.3350

Markets in Euroland close in the mixed territory on Monday, as lack of direction prevailed among investors after empty docket in the euro zone and the inactivity of the US markets due to the President’s Day holiday. The Spanish benchmark led the losers, retreating 0.51% followed by the FTSE100, down 0.16%, while the DAX and the CAC40 advanced 0.46% and 0.18%, respectively.
The single currency is trading in a narrow range between 1.3320 and 1.3380, although consolidating in the 1.3350 region at the moment, as the lull post-Europe is growing bigger, intensified by the US holiday.

Commodities are trading in red figures, with the barrel of WTI losing 1.92% at $95.44 and the ounce troy of gold following suit, down 1.67% at $1698

Forex: USD/MXN in red after Mexican GDP

The Mexican peso is slightly appreciating against its northern neighbour on Monday after the economic activity in Mexico expanded 0.8% QoQ during the fourth quarter and 3.2% on a yearly basis, below the median at 3.57%...
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Forex: USD/CAD reaches fresh 7-month high

The dollar extended gains versus its Canadian counterpart on Monday, despite US and Canada markets remain closed, and printed a fresh high for 2013 as USD/CAD picked up momentum after breaking above the 1.0085 resistance level.
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