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Wednesday, June 20, 2007

Another Still Day for EUR/USD

EUR/USD Forex pair was still today again. Some insignificant volatility didn't even break 15 pips corridor. This day was low on macroeconomic releases, except for major release by the Bank of England - minutes of their latest meeting in June 6 and 7. This publication added some more weight to pound moving GBP/USD slightly higher during the day. Minutes showed that there are two more possible interest rates adjustment for 0.25% by the end of 2007.

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