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Forex News: Euro Struggles to Maintain Rally, British Pound Remains Under Pressure

June 30th, 2010 Posted in Market Comments

The Euro is the best performing currency against the U.S. dollar on Wednesday, but the intraday rally looks to be tapering off during the North American trade, while the British Pound weakened for the second-day and the currency may continue to lose ground throughout the day as price action fails to hold above the 100-Day SMA at 1.5024.

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