This week is beginning with a lot of uncertainty in the currency markets with a weak Euro, strong Pound and volatile US Dollar… which could all change by the end of the week.
An already weak Euro has experienced some negative data this morning regarding the manufacturing sector in the single-currency zone. This follows its fall to a one month low against the US Dollar and a seven week low against the Pound as the French President has been preparing the nation for the most severe round of budget cuts in two decades.
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