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

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Published 1 Jul 2010
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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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