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Forex Analysis: The pound keeps staying in an upward channel

Forex Analysis: The pound keeps staying in an upward channel

The pound keeps staying in an upward channel

25 November 2014, EUR/USD

Euro

The European currency tries to recover the last week losses. The euro negative sentiment points out to the current month values testing in the short future. The Germany and the US bond yields are again expanding again that with the dollar index basket increase (USDX), confirms the stable bearish trend existence.

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