DailyFX European Market Wrap: Equities Flat, Pound Hits Two-Month High vs Euro


by  Katie Pilbeam

European markets are looking pretty lack luster this Wednesday afternoon despite some positive data releases including an above expectation rise in Britain’s GDP, Lloyds Banking Group reporting...

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US
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The US Dollar is on strong footing again this morning as lingering political risks in Europe and disappointing data out of the UK have kept the greenback in a favorable light among market participant...Continue Reading

EURO
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The US Dollar turned defensive against especially yield-sensitive alternatives including the Aussie and the Yen as all eyes turned to minutes from February’s FOMC meeting.
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ASIA
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While USD has remained strong through much of February, price action in USD/JPY and Gold have diverged - indicating that rate hike fears may not be as pronounced as the U.S. Dollar's chart might indic...Continue Reading

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