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EUR: No change predicted from ECB

The ECB is also making an interest rate decision tomorrow, but here no change is expected. Despite this, things were less positive for the euro with small losses against the pound, Swiss franc and others. We’ve got final inflation numbers for November coming up...


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GBP: Pound looks for direction in data dichotomy

Sterling gained ground yesterday after the wages and PMI data but has reversed this morning following the inflation figure. This was the final part of the economic data jigsaw as the BoE’s Monetary Policy Committee goes into conclave ahead of tomorrow’s interest rate...


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Inflation surprise hits pound

Those years of high interest rates seem finally to be having an effect, as inflation has just been revealed to have come crashing down to 3.2% annually, much lower than expected and with many prices falling last month. Food and non-alcoholic drinks dropped most,...


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USD: Clocks set to half past one

American markets will wake to a bumper crop of jobs data this morning – or half past one UK time. Unemployment is expected to have hit a four-year high last month, while retail sales and two separate sets of non-farm payroll figures could have big implications for the...


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EUR: The best of the action

While trading was slow on Monday, the euro still had the best of things compared to its main rivals. The single currency ended Tuesday near its best in two weeks against the pound and at its best in two months against the US dollar. GBP/EUR: the past year 1 Min 5 Min...


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