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July 19, 2016
FXPro Daily Outlook on 18/07/2016
Creeping Dollar Strength: “It’s not at a pace you can necessarily see, but the dollar is slowly gaining ground, not so much on reasons to be bullish about the dollar, more that investors appear more bearish about other currencies. Sterling is reversing, putting more weight behind the view that the recover above the 1.30 level on cable was more a correction in a broader down-trend.”
Read more in today’s FxPro Daily Outlook