Dollar starts the week under pressure

15 November 2009 @ 05:30 pm EDT

FXstreet.com (Buenos Aires) - Dollar starts the week with a bearish tone, after failed to extend past Thursday rally, and reverse gains on Friday, after Wall Street rallied amid better than expected earnings reports. EUR/USD quotes at 1.4930, while GBP/USD regained the 1.6700 area approaching to 1.6720. Despite market remains fluctuating on risk sentiment, rate differentials seem to have been winning the battle, and capturing investors attention at the end.

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