Interest rates dominate

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Interest rate trends have remained after the Bank of England minutes which listed two votes in June to get a rate cut. This will keep the speculation on a cut in contrast to the US in which rates increases per week. This combination should provide support to the US money, however, the general evidence suggests that the marketplace isn't comfortable selling the Euro under 1.21 from the dollar and Sterling under 1.82 against the buck.

Analysis provided by http://www.fxtoday.co.uk