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UK GDP and GBP Outlook
We would caution against getting carried away with any rallies in the Pound should today’s Q3 UK GDP data exceed expectation and would argue that short term risks are still tilted to the downside for these three reasons.
Audio updatehttps://lemeaex2….
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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 113.907 | EURUSD 1.17612 | AUDUSD 0.7776 | NZDUSD 0.68872 | USDCAD 1.26751 | USDCHF 0.99112 | GBPUSD 1.31336 | LMAX Highs and Lows 5am GMT Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â High | Low EURUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.17702 | 1.1753 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 113.980 | 113.75 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.31376 | 1.31216 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 0.99181 | 0.99042 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.77841 […]
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UK GDP, US Durable Goods, BoC Decision
A slow start to the week should be met with volatility as the calendar heats up from today into Friday. Aussie has already come under pressure on softer CPI and the market will now look to German IFO readings, UK GDP estimates, US durable goods and the…