LiteForex - Analytics

    LiteForex

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    EUR/GBP: continues falling on 22.07.2015

    Dynamics in the cross-pair EUR/GBP largely depends on fundamental factors.

    The pair is moving towards 0.6940, the lowest point for the last 7 and half years.

    The intentions by the ECB to carry on with its soft monetary policy in the eurozone amid expectations of the interest rate increase in the UK determine the downward movement in the pair.

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