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As early US players return to the markets the dollar is edging back a little versus the European currencies and that has allowed the Pound to make some headway. The GBP/USD has just now lifted back above the 1.27 handle. It did that yesterday too, but the move stalled then at 1.2709 and it then fell back to a low at 1.2663, as the dollar recovered. The Pound closed last night at 1.2678. It has spent all day below that 1.27 handle until a short while ago, when it lifted above it once more. The high seen so far has been set at 1.2705 and it seems some short-covering ahead of the US CPI data release is in place just now.
As the European close draws nearer this afternoon, it is again the DAX that is shining the most. The index has not long ago pushed to set another all...
Earlier today an update here noted the levels in gold, with the 50 day moving average capping the topside above $2,668 and an upward trend line coming...
The noted break above the 1.0550 level in the EUR/USD this afternoon has now delivered further upside. At the same time the GBP/USD has done as...
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