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A whole batch of UK data due shortly at 6am GMT and the GBP/USD could so with some good news
Turning back to the Pound again and the GBP/USD and the EUR/GBP, there is a whole raft of UK data due out shortly, at 6am GMT. That covers monthly GDP, manufacturing and industrial production, trade balances and the latest index of services. As usual the GBP data will probably garner most attention, but we also need to keep an eye on those other releases too. The GBP/USD is not much removed from where last reported a short while ago. It is going to move on this data and if there is anything of note another update will follow shortly
Market News
All News-
Gold falls sharply below $3,300 at the third time of asking
The noted push lower in Gold earlier this morning did initially seem to stall ahead of $3,300 for a second time, notwithstanding the ever so slight... -
DAX slips after German GDP fails to pass expectations
The latest German GDP report has just this minute hit the screens. The markets were expecting GDP to rise in Q1 by around 0.2%, where it fell by 0.2%... -
German unemployment claims fall- EUR/USD edges higher as GDP report looms
As suspected and conveyed to you earlier, the EUR/USD push towards the 1.14 handle did reach a zenith before and just after the 8am London fix...
