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GBP/USD fell
FXstreet.com (Jakarta) - The British pound depreciated vis-à-vis the U.S. dollar today as cable tested bids around the US$ 1.4515 level and was capped around the $1.4675 level. Data released in the U.K. today saw BBA March net mortgage lending ease to ?3.7 billion from ?3.9 billion in February. GCI Financial Team said: ?Cable bids are cited around the US$ 1.4350 level.? The euro came off vis-à-vis the British pound as the single currency tested bids around the
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Forex Market Review By Acetrader
Market Review - 01/04/2009 22:44 GMTSterling rises versus dollar on strong U.K. PMI dataThe British pound rose against the greenback for a second day and also versus euro on the back of robust U.K. manufacturing data (39.1 vs forecast of 35.0) with a report showing the rate of decline in manufacturing had eased more than expected last month and the record low interest rate in the U.K is probably beginning to have some positive impact on the economy.
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Euro Pound (EUR GBP) analysis
Forex trading. EUR/GBP (Euro British Pound) technical analysis
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Forex 25th Of June
In our economic calendar today?10:00 GMT: The CBI Distributive Trades Survey released by the Confederation of British Industry is an indicator of short-term trends in the UK retail and wholesale distribution sector carries significant weight in the formulation of economic policy at the Bank of England and within Government. A high reading is seen a
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Wall Street rose sharply; GBP rallied upside
FXstreet.com (Córdoba) ? Markets climbed offsetting the effects of the General Motors filling into bankruptcy. Reports on spending and manufacturing increased hopes that the economy is on the way to recover. Crude-oil futures rose for sixth consecutive day, reaching the highest level in six-months on reports that China manufacturing expanded and that it will increase gasoline and diesel prices. The barrel is getting closer to $70. On the Forex market the main winner of the day was the Pound. Against
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