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EUR Holds Steady Ahead of FOMC Decision, GBP Advances as BoE Holds Hawkish Outlook

Posted 01-27-2010 at 10:47 AM by DailyFX

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The Euro bounced back from the low (1.4021) to remain little changed on the day, and the EUR/USD could face increased volatility over the next 12 hours of trading as the Federal Open Market Committee is scheduled to announce its interest rate decision at 19:15 GMT.

Read more: DailyFX - Euro Holds Steady Ahead of FOMC Rate Decision, British Pound Advances as BoE Holds Hawkish Outlook http://www.dailyfx.com/forex/fundame...#ixzz0dp9pERIL

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