GBP/USD rebounds sharply as US data provide no reassurance
March 13, 2014 3:47 pm
The GBP/USD rebounded sharply in the latter half of the week, as investors continued their sell-off of the US dollar. The US dollar index, which tracks the performance of the greenback against six major peers, was down 0.3% to 79.40. The British pound was a prime benefactor of the greenback’s prevailing weakness. The pound traded […]
The GBP/USD rebounded sharply in the latter half of the week, as investors continued their sell-off of the US dollar. The US dollar index, which tracks the performance of the greenback against six major peers, was down 0.3% to 79.40. The British pound was a prime benefactor of the greenback’s prevailing weakness. The pound traded […]
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