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European Monetary Union CFTC EUR NC Rep Positions fell from earlier €165.7K to €158.4K

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GBP/USD holds above 1.2550 sooner than the weekend



GBP/USD keeps its footing on Friday and trades modestly bigger on the day above 1.2550 following Thursday’s rally. Ahead of subsequent week’s all-predominant US inflation facts and Fed policy announcements, modest US Greenback weakness enables the pair to establish in sure territory.


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Week ahead: Fed, ECB, and BoJ meet after US inflation document



A bombshell week is coming up, featuring fee decisions within the United States, Eurozone, and Japan. The Fed is inclined to ‘cease’ based on market pricing, however the resolution would possibly perhaps perchance well well finally rely on the inflation stats which would possibly perhaps be launched the day gone by, fueling volatility within the dollar.


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