Currency Crosses

N

nycfxproptrader

Looks Like the EUR/GBP is pushing GBP/USD around and that's the reason for GBP/USD (cable ) being down so much but EUR/USD is basically at the same levels as yesterday

See how the CROSSES have such significance on the the major currencies

EUR/GBP rallied UP from.06630 level to .6730 level
GBP/USD Sold off from 1.8200 Levels to 1.8000 level
EUR/USD stayed at the yesterday's 1.2100 level , even tested 1.2200

DON'T Forget the IFO number comming out 03.26.04
 
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