Pound losses to CHF, JPY and EUR

Thursday, June 18, 2009

Cable lost part of the monthly gains against the majors except the Dollar. To the Euro, today was the first after five consecutive days that EUR/GBP doesn’t fall to fresh multi-month lows. EUR/GBP rose today and currently the pair is above 0.8500. During the American session the Pound recover part of the losses but it wasn’t enough.
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