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Research: Relative Outperformance of Uk Bank Shares Since Mar-12 helped Eur/gbp Move Lower


Quotes from RBS:

-Equity markets have been broadly range bound through most of April which has contributed to the loosening relationship between GBP TWI and risk. However it is worth watching EUR/GBP vs. the relative performance of Euro area/UK bank shares prices given the performance of financials can provide some insight into financial stability, money/credit creation and sovereign risks. The relative outperformance of UK bank shares since Mar-12 has helped EUR/GBP move lower. 

Published: 2012-04-30 12:15:00 UTC+00

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See also: Current support and resistance levels
EUR/USD
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USD/JPY
GBP/JPY
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AUD/USD
May 22 at 21:51 UTC
 
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