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GBP/USD – Is this a chance for GBP buyers? 2/09/2015

GBP/USD made a significant bearish move towards 12 week low and is on track to test the low of 1.52. Weakness in GBPUSD is in line with the bearish sentiment that has come after a change in inflation expectations amid further decline in commodity prices. BoE’s Monetary Policy Committee will vote on

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EURUSD News (current 1.0550)

During today’s session, the US Dollar gradually recovers Thursday’s sharp sell-off as DXY (Dollar Index) continues its momentum towards the psychological level of 100 points. Given the strength of Euro sellers seen in this quarter of 2015 as well as ongoing political turmoil within the Eurozone, the