Daily Outlook: July 1, 2010 - GBP Stumbles Amid US Jobs Data

By: UFXBank

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Uploaded on July 01, 2010 by UFXBank

The Euro jumped against the Dollar in Forex Trading to 1.23 zones after the ECB said it would lend banks less than analysts estimated; spurring optimism that funding pressures among financial institutions are lowering, but erased part of the gains after the decision of Moody’s to put Spain’s rating on review for a potential downgrade.

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