Dollar Versus Euro and Pound November 17th

FX Strategy Video > Currency Pairs Analysis

EUR/USD fell during the Wednesday session, and even broke the 1.35 level finally. The pair is facing serious headwinds from Europe, even though it has been fairly strong considering what has been going on. None the less, it looks like we are going down.

GBP/USD faces headwinds not only because of the EU and exposure to it, but also because of weak growth. More quantitative easing seems to be on the way for the UK according to comments coming out of the Bank of England on Wednesday.

Published on 16th of November 2011
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