The euro is taking a major leg-up against the dollar on Thursday. Gains were capped by the weekly R3 at 1.0780.
Sterling is rallying once again after yesterday’s consolidation phase. Any further gains will likely by fueled by weaker US fundamental data, as there is no fundamental data committed with the UK set to be released during Thursday’s journey. Governor Carney will speak later in the day and a dovish tone will likely push sterling lower.
Dollar/yen gradually moves higher. Though, recove…
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