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USD finally gets some beating

July 25th, 2008 Mark Gavalda No comments

Good morning everyone. I have to admit I’m happy to see that the dollar is finally getting some serious beating across the board. The only one that didn’t move (yet) is the GBP/USD because GBP is getting sold also! EUR/USD finally up to 1.5732, let’s wait and see if it’s just gathering momentum for another selloff or this is really the end of the retracement and now we resume the uptrend.

Categories: EUR, GBP, USD Tags: , ,