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Euro Ever Closer to 1.4000

posted by Avatar fx360 856 days ago in USD, Daily, Manufacturing made popular 856 days ago

Risk aversion reigned supreme in the FX market today and even the pound did not escape unscathed as the unit tumbled through the 1.6200 figure to hit a fresh 10 day low. Cable dropped to 1.6150 in early London trade after UK finances data showed record borrowing in the month of December. The euro meanwhile crept ever closer to the key 1.4000 figure
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