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Pound Under Pressure as Data Disappoints

posted by Avatar fx360 1054 days ago in USD, EUR, GBP

It was a range bound night of trade in the FX market with dollar flows gaining the upper hand as the recovery thesis came under further skepticism after UK and Australian data disappointed to the downside. In Australia the AIG Construction PMI slipped to 42.6 from 46.9 - its first decline of the year. In UK meanwhile the Manufacturing Production
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