EUR/USD and GBP/USD Weighed Down by Data

We are seeing a strong reaction in the Euro and Pound after data out of the Eurozone and the UK. While EUR/USD and GBP/USD enjoyed a week or so of reprieve, the reactions to today’s data could be reviving the prevailing downtrends. Let’s take a look at the key data points, which consist of UK…

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EUR/USD and GBP/USD Weighed Down by Data