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EURGBP - Sterling edges up after UK inflation jump
Sterling edged up on Wednesday, but was off the multiple-week high touched the previous day, after data showed British inflation hit a more than nine-year high last month, fuelling expectations the ...
China Retail Sales slow sharply, UK inflation set to surge in August
Although yesterday’s US inflation report came in weaker than expected, with US core CPI prices slipping back from 4.5% to 4% in August, markets still decided to adopt a glass half empty approach, even ...
Sterling hits fresh 5-week highs after UK jobs data, U.S. inflation
Sterling hit a new 5-week high against the dollar and a 3-week high to the euro on Tuesday, supported by labour market data that showed the total number of payrolled employees in Britain has climbed ...
EUR/GBP forms bearish flag ahead of UK jobs data
The British pound wavered against key currencies as traders waited for the upcoming UK employment numbers. The data, which will come in the morning session is expected to show that the country’s ...
EUR/GBP breaks down towards 0.8450
Since April, the long-term downtrend in EUR/GBP has tracked sideways. The 0.87 to 0.85 range has proven its worth with sterling bulls getting excited as new multi-month lows in August were made below ...