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Canadian dollar strengthens; British pound weakens

EURUSD highlighted a similar trend seen by GBPUSD, falling from a high of 1.3218 to post a low of 1.3161 on Aug. 28

By Richard Nehme | Aug. 29, 2014 10:19 BST
Euro continues to benefit from weaker USD
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EURUSD highlighted a similar trend seen by GBPUSD. Upon the release of the German CPI figures EURUSD fell from a high of 1.3218 to post a low of 1.3161. The pair corrected slightly to retrace upward to 1.3176. Look for further downside risk ahead of Mario Draghi’s ECB conference next Thursday [...]

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