Market Moving News: GBP/USD - Aug 21
21 Aug, 2008 @ 03:46 am ET | written by AceTrader
Gbp/usd - 1.8659 ... Although the British pound jumped to an intra-day high of 1.8708 shortly after the release of surprisingly strg U.K. retail sales data (0.8% m/m n 2.1% y/y vs forecast of -0.3% m/m n 1.7% y/y resp.), however, cable ran into heavy offers there n has retreated. At the moment, selling interest fm Eastern European names remains at 1.8680 n 1.8700-10 (for protection of stops abv 1.8725/30) whilst on the downside, mixture of bids n stops is located at 1.8620-30 n 1.8560-70...
For more forex information, go to www.acetraderfx.com
Related Articles:
- Yen Finishes the Year as Biggest Gainer Jan 01, 09


US
UK
Chinese
Japanese
Hong Kong
Spanish
Deutsch
Portuguese
Korean
French
Russian
RSS Most read
Australia
Canada
EMU
Japan
Swiss
England
US


