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Wednesday, June 9, 2010

Euro Tips Higher on ECB Trichet Comments, British Pound Halts Four-Day Decline

Comments from European Central Bank President Jean-Claude Trichet helped to push the Euro to a high of 1.1985 during the overnight trade, but the major currencies are likely to face increased volatility during the North American session as Fed Chairman Ben Bernanke is scheduled to testify in front of the House Budget Committee at 14:00 GMT.

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[Source: DailyFX Forex Market News]

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