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London opening

Posted on June 17, 2008

Good Morning, welcome to a new day in forex market! Greenback started the day weak against most rivals, yet not completely defined for the rest of the day: key resistance/support levels remain unbroken while we have a number of fundamental news that can put noise on the market, starting in a few minutes with England GBP: a higher than expected reading could trigger the Pound to new bullish rallies. 4:30 GBP CPI y/y (Exp. 3.2% Prev. 3.0%) and Core CPI y/y (Exp. 1.5% Prev. 1.4%) 5:00 EUR German ZEW Economic Sentiment (Exp. -42.4 Prev. -41.4) Euro Zone Economic Sentiment (Exp. -43.9 Pre...

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euro , forex