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3 Aug 2017

BoE lowers GDP forecasts

The Bank of England [BoE], in its latest quarterly inflation report [QIR, revised GDP forecasts lower- 

GDP forecasts

  • 2017 fcast revised lower to 1.7% vs. 1.9% prior
  • 2018 fcast revised lower to 1.6 vs. 1.% prior

 

Aug 3, 2017

GBP/USD plummets to 1.3160 post-BoE

The British pound met a wave of selling orders following the BoE interest rate decision today, dragging GBP/USD to fresh lows in the 1.3160 area. GBP
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Aug 3, 2017

USD/JPY recovery expected to extend – Commerzbank

In light of t he recent price action, the recovery in USD/JPY could extend further, noted Karen Jones, Head of FICC Technical Analysis at Commerzbank.
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