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Pound Hits a 12 Day High

posted by Avatar fx360 1067 days ago in USD, EUR, Technical

The pound hit a 12 day high today in early European trade coming to within a few points of the 1.6600 figure, fueled by strong buying from the Middle East that suggested the pair might make a run at its 2009 highs of 1.6666 in the near future. EUR/USD on the other hand was much more subdued trading quietly above the 1.4100 mark on a night when the
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