Dollar Falls Back as GBP Gains Strength

While the EUR USD remains stable at around 1,247, sterling collapsed against the other two major Western currencies: compared to the previous evening, the Euro tooks 0.5% to 0,788 and the dollar stood at 0,632. The British currency is under...
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US Employment Data A Major Mover

The dollar rose broadly during overnight trade, gaining more than 0.2% on average against its major counterparts. Like yesterday, the price seemed to reflect the pre-positioning before the main important announcement instead of a separate catalyst competitor. With the rate...
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