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No For Sale Sign On EUR Or GBP Just Yet
Despite major currency volatility falling to its lowest level in seven-years, there has been some movement in the forex market now that the Easter holidays are over. Fundamental data releases stretching from Australia to London in the overnight session have renewed some intraday interest in some of the major currency pairs, albeit small, any movement at this juncture is a positive and certainly preferred to than watching "paint dry" - this forex market desperately needs to break out of its tightly confined trading ranges. The 18-member single currency the EUR, the nemesis of many a portfolio position, could not go ... (full story)