Euro and Pound pull lower on negative stock markets

19 November 2009 @ 10:00 am EDT

FXstreet.com (Barcelona) - Euro and Pond, which were on the path of mild upward corrections, have dropped back to session lows as U.S. markets opened Thursdays session with considerable declines.

GBP/USD has pulled down from 1.6655 after Wall Street opening to hit a fresh intra-day low at 1.6605, while the EUR/USD, which had reached 1.48920 area pre-Wall Street opening, turned down to 1.4850 (right above session low at 1.4845) on the back of negative Wall Street opening.

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