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The GBP/USD is consolidating recent losses as fears over Ireland begin to subside opening the door for a return of risk appetite. Strong fundamentals from the Euro-zone and the U.S. are also adding to growing optimism. GBP/USD The GBP/USD is consolidating recent losses as fears over Ireland begin to subside opening . . . →Read More:British Pound Finds Bid on Broader Optimism but Downside Risks Remain with Cloudy Yield Outlook An unexpected rate hike by the RBA increased the Aussie’s yield advantage over the other major currencies and has the commodity dollar setting multi –year highs. The AUD/CAD is at its highest level since March,2004which in itself makes a case for a potential reversal. AUD/CAD Faces Channel Resistance,Making Bearish Case An unexpected . . . →Read More:AUD/CAD Faces Channel Resistance,Making Bearish Case | ||
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