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EUR/GBP Weekly Fundamental Analysis May 28 – June 1, 2012

posted by Avatar FXEmpire 387 days ago in GBP, Fundamental, Weekly made popular 387 days ago

The EUR/GBP ended the week close to the low at 0.7990. With the recent negative outlook moving from the EU to the UK, and negative statements on the UK economy from the IMF and the OECD, investors began to shy away from the pound. The IMF recently stated that the BoE should take a more active role in assisting the economic recovery suggesting incre
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