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EUR/GBP falls into possible 10am London fix
Since the last update here the Pound has lifted and that has seen it gain versus the dollar and the Euro. It is hard to say which is leading the other, the GBP/USD or the EUR/GBP, but on the face of it, it looks like it might have been a EUR/GBP sell, fixing order that has pushed that lower and delivered a corresponding rise in the GBP/USD to fresh session highs a moment ago, above 1.3335. The EUR/GBP just hit fresh session lows underneath 0.8510 coming into the 10am London fix. It is a bit lower now, trading at 0.8506
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Dollar continues to weaken leading into the 4pm London Fix- EUR/USD straddles 1.1150
The dollar has continue to weaken this afternoon. The GBP/USD is still battling to overcome 1.3250 and the USD/JPY has so far rejected any lasting... -
US stocks mixed in early trading- Dow Jones still in the red
The US stock markets have been open for around 20 minutes now and so far it has been an early session of mixed fortunes. The Dow Jones is still in the... -
GBP/USD making some progress now towards 1.3250
Following on from the previous update looking at the price action in the EUR/USD we see the GBP/USD has charted a slightly steadier route higher...
