By SFO | August 12, 2008

UK Housing And Consumption Showing Few Signs Of Life As GBPUSD Dips To 1.9000

EURUSD is under further pressure and trading new lows below 1.4850 as of this writing as the ECB’s Bini Smaghi made further comments indicating that the EuroZone economy will be far weaker than anticipated. With this kind of reaction, it’s beginning to feel like this USD rally is a bit…
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