EURGBP »
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In Wednesday trading on the foreign exchange market has multidirectional nature: The U.S. dollar rose against the single currency and the Swiss franc and fell against the British pound and the Australian dollar. GBRUSD rate rose sharply after the release of positive data on the labor market and the UK Bank of England protocols. Australian
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The British pound soared more than 100 pips versus the US dollar, as strong employment data continued to boost optimism in UK recovery. Jobless claims in the UK fell 24,000 in December, official data from the Office for National Statistics showed today. The ILO unemployment rate in the three months through November fell from 7.4
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On Thursday, the dollar index fell back to 80.95 line. The U.S. dollar continues to hold a leading position against many currencies, but not the ability to update the dollar index intraday high casts doubt on its further growth. Consolidation at current price levels may be delayed until Monday. British currency and the Australian dollar
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On Wednesday, the U.S. dollar strengthened across the market. The single currency and the British pound dropped by about 80 points against the dollar. The EURUSD fell to 1.3580 level, GBPUSD fell to 1.6320 mark after which the correctional phase began. The dollar had a recent economic data in the U.S. and rising U.S. bond
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On Tuesday, at the end of the day dollar index closed with a slight increase. Euro/dollar stood in the range 1.3630-1.3690 and most of the time trading around 1.3675 mark. On European trading positive comments of ECB representative Ewald Nowotny endorsed the bulls and increased the demand for the single currency, resulting in the euro/dollar
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On Monday, in the absence of serious news on the foreign exchange market was the recovery of the dollar. On the day rate of the dollar index in relation to the closing price on Friday virtually unchanged. U.S. dollar significantly strengthened its position against the British pound and lost ground against Japanese yen. The EURUSD
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The Bank of England and the ECB on the results of the meetings left monetary policy unchanged yesterday. Interest rates remained at levels of 0.5% and 0.25% respectively. The Bank of England also kept the size of the program to buy back bonds in the amount of 375 billion pounds. GBPUSD spent the day at
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Neither ADP, nor the FOMC minutes were able to balance the market between major currency pairs. The single currency, the Australian dollar and the Swiss franc closed the day against the U.S. dollar in the red zone, the British pound is closed up. Traders used strong ADP index to open short positions on the dollar
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On Tuesday, the U.S. dollar closed up against the Swiss franc and the Australian dollar and has not changed against the single currency and the British pound. Traders pay attention to the U.S. trade balance report, but before an important event (FOMC protocols) their actions in the U.S. session were restrained. In November, the trade
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On Monday, the U.S. dollar fell against major currencies after the publication of weak U.S. statistics. According to National Association of Realtors annual rate of pending home sales in November in the U.S. fell by 1.6% compared with November 2012. Monthly index rose by 0.2% after falling by 1.2% in October (revised from -0.6%). The
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