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Ahead of the ECB policy decision, at 12.15pm GMT we will get the final reading of Eurozone HICP inflation, at 9am GMT. The first reading on this was at 1.8% annualised which is below the 2% forecast range. The markets expected this to remain unrevised, but if it is revised lower, those calling for more than a 0.25% cut from the ECB today may shout louder. Of course the opposite also applies, if the data is revised higher. Ahead of this the EUR/USD just now set a fresh interim low underneath 1.0850. The low print was set at 1.0849. All to play for folks. The EUR/USD is just now trading at 1.0852
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Earlier today an update here noted the EUR/GBP was most definitely in play today and as you can see that is very much the case. So, as the GBP/USD has...
The Bank of England (BOE) has just announced the outcome of its monetary policy decision. The overwhelming general consensus was for a cut of 0.25%...
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