Interesting to see that the pullback in Eur/Usd has not been replicated in Dollar strength in Cable or Usd/Yen. Cable is looking well supported at 1.6220 with markets awash with chatter over positive Sterling M&A flows. Eur/Gbp selling by a clearer in the 0.8630/40 area is being cited as maybe a preview of events to come.
Dollar comeback in Eur/Usd not seen elsewhere
Source: www.forexlive.com
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