Daily Video Recap (3/17): Pound and Commodity Currencies Break Key Levels vs Dollar

By Nick Nasad
17 March 2010 @ 03:31 pm EDT

Recap: Positive employment data and some worries over inflation from BOE meeting minutes gave the Pound some fundamental strength which gave Sterling a push above the 1.52 level. Commodity currencies like the Aussie and Loonie broke key support levels. The Euro briefly reached a 6-week high vs the Dollar but continued to be sold off against the Swiss Franc.

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