Spain Current Account Balance declined to €-2.034B in February from previous €-0.4B

FXStreet.com (Barcelona)

Apr 30, 2015

EUR/GBP hits fresh 2-week highs near 0.7265

The shared currency erased losses and advanced versus the British pound heading in the European morning; driving EUR/GBP to fresh two-week highs beyond 1.72 barrier, as markets ignored weak German labour data and rallied largely on broad euro strength.

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Apr 30, 2015

EUR/USD rises above 1.12

The EUR/USD pair rose above 1.12 as the drop in the major Eurozone equity markets is reportedly leading to unwinding of the EUR/USD shorts initiated earlier for exchange rate hedging. The minor drop in the German unemployment further adds to the bullish momentum in the pair.

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