LiteForex - Analytics

LiteForex

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EUR/GBP: follow the trend on 07.08.2015

At the beginning of this trading week, the euro was falling against the British pound. The British currency was supported by the investor demand and favorable macroeconomic releases. The European currency was affected by lowering inflation rate of key eurozone economies. Moreover, Negative Retail Sales and key EU indexes statistics, due last Wednesday, added pressure on the euro.

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