EU Commission cuts UK and Eurozone growth forecasts due to the Brexit vote

European Commission cut growth forecasts for Eurozone & UK after Brexit. EU Commission estimates negative effect on Eurozone between 0.2-0.5 percentage points by 2017.

AUD/USD: bulls committing above 100 dma 0.7457.

AUD/USD has risen again in the US shift, off the lows 0.7521 to highs of  0.7543, back to 0.7527 and a recent pop higher again supported at the 50 sma
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