U.K Manufacturing Production

Friday, 10 June 2011 12:32

After United Kingdom’s Manufacturing Production and PPI Input releases, GBP/USD went from trading at 1.6240 to 1.6210, but this didn’t last long as Sterling recovered and jumped to trade at it’s currenct point of 1.6290.

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Euro recovers slighty from it’s 7-week low; GBP/USD rises after CPI news

Tuesday, 17 May 2011 12:01

The Euro kept steady above the 1.40- line, and the 7-week low since March, as it traded between 1.4129 and 1.4174 in today’s session against the U.S Dollar. The pair mostly focused at 1.4155 while it’s currently trading at 1.4178. Portuguese bailout news eased the euro’s downward spiral against the Dollar, finding support for the currency at 1.4150.

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