EUR/USD rebounds to test 1.2250 on notable USD supply

Fresh bids emerged once again near 1.2215 region, prompting a tepid bounce in the EUR/USD pair back towards the midpoint of the 1.22 handle, as broad-
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Iraqi OilMin: Oil market is heading in the right direction

Iraqi Oil Minister Abdul Karim Luaibi is out on the wires now, via Reuters, noting that the oil market is heading in the right direction.
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