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Forex Report, August 2007 |
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The market continues to recover from last week's violent moves as it moves sideways for the last couple of days. The EUR/USD currency pair is bound within its range of 1.3450 and 1.3550, bouncing back and forth between the two. Other pairs are in a similar position, although the Yen crosses seem to have a slight upward bias for the time being.
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