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EUR/USD

EUR/USD rebounds at 1.3980, back above 1.4000 by FXstreet.com

After capping its recovery from 1.3928 at 1.4028 and falling around 50 pips to trade below to 1.4000, EUR/USD has been rebounded from 1.3980 to levels close to 1.4015 in the last hour.

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GBP/USD

GBP/USD falls further to test 1.6300 by FXstreet.com

The GBP/USD's rejection from 1.6430 in the early European has continued and the pair has fallen around 130 pips to test 1.6300 level, posting 1.6302 as fresh 1−week low.

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USD/CHF

USD/CHF rises above to 1.0870, recovering initial losses by FXstreet.com

After falling to test 1.0830 (EMA55 hourly channel) from 1.0880 in the Asian session, USD/CHF has begun to recover its previous losses to post 1.0876 in the European session.Currently the pair is trading around 1.0860/70.

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Brokers & FDMs News 

Notice to FXCM LLC (FXCM U.S.) Traders with MT4 Accounts

FXCM LLC would like to notify all FXCM clients holding MetaTrader 4 (MT4) accounts with FXCM U.S. of the changes that will occur after July 31, 2009.

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GFT Strengthens Asia−Pacific Institutional Sales Team with Addition of Klaus Buhl

Klaus Buhl has joined GFT as Director of Institutional Sales, Asia−Pacific where he will be responsible for Institutional Sales and Business Development in Asia.

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FX Solutions' Co−Founders Robert Cortright & Thomas Plaut Named Ernst & Young Entrepreneur Of The Year® 2009 Award Winner in New Jersey

FX Solutions, a leading online foreign exchange brokerage, today announced that Co−Founders Robert Cortright & Thomas Plaut received the Ernst & Young Entrepreneur Of The Year® 2009 Award in the Financial Services category in New Jersey.

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Related News 

Economic Indicators

UK Service Sector Grows, But Slows In June by Dow Jones

The U.K's dominant services sector expanded for the second straight month in June, but at a marginally slower pace than in May.

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Central Banks

ECB Leaves Refi Rate Unchanged At 1.0% by Dow Jones

The European Central Bank kept its key policy interest rate steady at 1.0% Thursday, a move that was widely expected.

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Stocks

European Markets mixed, EUR rises and GBP lower by FXstreet.com

European market are closing the current week mixing green and red numbers in Friday quiet session on US holiday. Dollar is mixed too, with EUR/USD higher and GBP/USD sliding.

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