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European Market Update: Assumption Day Holiday In Europe Keeps Market Participation Low

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 15, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    GBP at one-month low just above the 1.29 level after weekend press reports suggested that UK's negotiation with the EU regarding Brexit would not start until late 2019. Dealers were eyeing the potential break of the 1.2798 Brexit for more downside momentum. CFTC data noting that Sterling net short positions[​IMG]

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