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Euro, Pound Fall as Growth Stalls

posted by Avatar fx360 1418 days ago in USD, EUR, Technical made popular 1418 days ago

The dollar continued to gain ground in Asian and European trade today as data from EZ and UK indicated a loss of momentum in economic activity putting doubt into the recovery thesis for the second half of the year. The EUR/USD struggled to hold the 1.4000 figure while cable dropped to 1.6350 as risk appetite waned considerably in the wake of weaker
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