ForexLive European FX news wrap: Quiet tones as US holiday subdues markets ...Middle East

Headlines:Long weekend in the US casts a shadow over markets to start the weekMajor currencies feeling rather uninspired so far todayGold sticks to last week's bounce in search of third straight day of gainsBundesbank says Germany is likely in recession nowvon der Leyen wins German backing for second term as European Commission presidentSNB total sight deposits w.e. 16 February CHF 477.1 bn vs CHF 482.3 bn priorMarkets:NZD leads, USD lags on the dayEuropean equities lowerGold up 0.2% to $2,018.24WTI crude down 0.2% to $78.27Bitcoin up 0.5% to $52,340It was a very quiet session in Europe and unsurprisingly so. US markets are closed today in observance of Presidents' Day, so it is essentially

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