Fx market perspective
| 01 September 2010

With the recent UK PMI disappointing nine-month low prompted the GBPUSD to continue to move lower currently at the 1.5370 from a low at the 1.5330 which led other traders and investors to shift currency pairs to the EURUSD and back to the AUDUSD as an arbitrary hedge strategy against the weaker USD. Supporting this Market View Analysis:
FX Volatility on EURGBP Cross Rate - LIVE
Youtube URL:http://www.youtube.com/watch?v=rkZx9-NxHkYÂ
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