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Euro and Pound Rise on Return of Risk -But Will The Gains Ho

posted by Avatar fx360 1407 days ago in EUR, GBP, Technical

High beta currencies rallied strongly in Asian and early European trade on the back of better than expected results from Intel which fueled gains in equities, but the upward move stalled after macro economic data proved mixed tempering some of the earlier enthusiasm. As we wrote earlier, “With the vast majority of the S&P 500 still to report
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