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EUR/GBP: A perfect case for the FX trader - FXWW

FXStreet (Bali) - According to Sean Lee, Founder at FXWW, EUR/GBP should offer good two-way trading opportunities.

Key Quotes

"Sentiment has certainly taken a turn over the last few days and both bulls/bears can make reasonably strong arguments; a perfect case for the FX trader."

"Most of the fundamentals are still weighed heavily in favour of the GBP but the market is already positioned in this direction. With the Scottish referendum causing a lot of uncertainty we will see these EUR/GBP shorts getting increasingly nervous."

"It’s definitely worth watching this pair closely for the next few sessions."

Recap: Australian Q2 growth figures - ANZ

ANZ provides a recap on today's Aus Q2 GDP, which came at +0.5% vs +0.4% expected.
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RBA Stevens: Unwise to further inflate high house prices with rates

RBA Governor Stevens is giving a speech to the Committee for Economic Development of Australia (CEDA), with the headlines of his prepared speech now crossing the wires, noting that further rate cuts were unlikely given the risk it poses on high house prices.
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