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The other reaction across the UK markets this morning to the lower than forecast UK inflation data has seen the FTSE 100 futures bounce. The FTSE 100 was the best performing major European stock market index yesterday, when it again rejected a lower close, albeit by just 7 points. The index closed at 7,660, but the index futures were pricing a lower opening earlier today, to as low as 7,635. Well, that is not the case anymore folks, because the outlook for the opening has been buoyed by that inflation data. The index is now pricing a higher opening, currently at around 7,685
The noted earlier rebound in the USD/JPY has for now seemingly stalled ahead of the 152 handle. At the same time, the EUR/JPY has lifted off the lows...
Over the past few days your attention was drawn to a leading analyst call, for the GBP/JPY to drop to 180. Well, earlier today the Pound took a step...
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