Friday, May 10, 2013

Dollar Storm: GBP/USD Surrenders and Loses 1.54

One by one, currency pairs are breaking key levels or approaching them, after USD/JPY broke the 100 line. It’s now the turn of GBP/USD, that lost the 1.54 line. In addition to the strengthening of the greenback, cable was also hit by a small disappointment in the trade deficit: it stood on 9.1 billion pounds
Read More... [Source: Forex Crunch - Posted by FreeAutoBlogger]

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