Dollar and sterling still well bid on strong eco data
On Tuesday, sterling and the dollar trended cautiously higher. EUR/USD and EUR/GBP tried to move below significant support levels respectively at 1.3166 and 0.8470. For now a sustained break didn’t occur. Today, currency traders will keep an eye on the Fed Beige book, but the next directional move of the dollar will probably be triggered by the payrolls.
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KBC