The British pound weakened during the US session on Tuesday, the third consecutive weekly loss against the US dollar, amid a slump in economic data by the British economy and following economic developments and data followed by the US economy, the world's largest economy.
GBPUSD closed down 0.77% to 1.2797 …
EURUSD
The pair is slowly recovering after Friday’s drop caused by the negative data of the industrial and service business activity index in Germany and the eurozone. It’s trading below 1.1356. The pair may reverse downwards, if today’s data from Germany and the head of ECB Mario Draghi’s statement aren’t …
The single currency of the euro area fell during the US session on Friday to see its second session in four sessions of its highest since November 7 and is poised to resume its weekly loss for the seventh week in nine weeks against the US dollar following developments and …
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