Forex | Forex | Recovery doubts weigh on pound (31/08/2009 07:01:38)

Recovery doubts weigh on pound

Highlights ECB Council likely to confirm expansive monetary policy stance Euro benefits from improved economic indicators EUR-USD has remained within the trading range of the last few weeks, albeit mostly at the top end due to firm equity markets and upbeat economic data from the eurozone. At the end of the week, the euro is trading at around 1.4350 – slightly less than at the end of last week. The dollar has weakened somewhat against the yen too. Towards the close of the week, USD-JPY is just


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