The EUR/GBP has been trading close to a downward trend-line during the last quarter

Good morning from beautiful Hamburg and welcome to our first Daily FX Report in July. This month starts with a depth of economic data, in special case the rate decision of the ECB tomorrow. However, we wish you a successful trading day. Market review Today the JPY declined against a basket of major currencies after the Bank of Japan Tankan survey showed that the sentiment among the largest manufacturers rebounded indeed from a record low but rose less than economists expected from minus 58 in


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