June 25, 2010

Euro, British Pound Hold Tight Range Ahead of U.S. 1Q GDP Report

The Euro continued to trend sideways on Friday, with the exchange rate holding above the 20-Day SMA at 1.2205, and the single-currency may hold steady going into the North American trade as market liquidity thins ahead of the weekend.

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[Source: DailyFX Forex Market News]

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