Archive | August, 2014

Market Report: August 2014

On the Sterling front we saw a sell off on GBP/USD from 1.71 back to 1.68 and GBP/EUR 1.2680 to 1.2530 as the Dollar gained strength off the back of positive GDP In Q2 coming in at 4%. We also saw EUR/USD retrace back to a low of 1.3370 from 1.3650.

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