Dollar staying steady;

Tuesday, 14 June 2011 02:57

Earlier in the day, the British currency was rising higher against the Dollar; reaching 1.6426 while anticipating U.K Consumer Price Index. Meanwhile the news was expected to be released the pair rose even more to 1.6440, only to fall to 1.64 after the release and currently trade much lower at 1.6396.

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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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