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GBPUSD Spiked Higher Post UK Construction PMI

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British Pound managed to gain traction against the US Dollar recently after collapsing towards 1.5100. There was a major release in the UK, as the...

EURUSD Trades above 1.1200 as Dollar Weakened

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US dollar weakness helped a lot of major currencies, including the Euro to gain bids France Purchasing Managers Index (PMI) Manufacturing released by...

EURUSD Consolidating Losses As Greece Drama Continues

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Euro moved lower sharply to trade near 1.1040, and currently consolidating in a tiny range ahead of key releases in the Euro zone. Euro...

Cable Crashes As Sentiment Favored Sellers

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The US dollar was seen trading higher against the British pound as it managed to gain buyers once again this week. The GBPUUSD pair...

Euro Zone PMI’s pointing growth, ECB to buy more time?

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There were few important releases earlier during the yesterday’s European session, including the Euro zone, German and French manufacturing and services PMI’s. The outcome...

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