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European Market Update: German ZEW Rebounds

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 16, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    USD remained on the defensive during European trading. EUR/USD tested its highest level in the post-Brexit environment as it moved above 1.1270 level. The price action higher aided by buy-stops orders being elected. EUR/GBP cross hit fresh 3-year highs above 0.8720. GBP currency firmer and set for its 1st rise[​IMG]

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