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American FX Outlook: China move set to roil…

What you need to know before markets open: News of China officials viewing the US Treasuries as less attractive spurred massive US Dollar selloff. Global equity indices took the U-turn lower of the China news.…

– UK: Losing the plot – Nomura |…

Analysts at Nomura note that since September, when the BoE MPC signalled that an imminent rate hike was likely, our Nomura UK surprise index (and the Bloomberg version) has been above zero, indicating that data…

EUR/GBP: Looking through the fog – Rabobank |…

Jane Foley, Senior FX Strategist at Rabobank, explains that market surveys suggest that economists’ forecasts of 2018 UK growth are clustered around the 1.2% to 1.5% area and despite the lack of real debate about…

GBP/USD rises above 1.38, UK CPI awaited |…

USD weakness pushes the pair higher on Monday. Trading action quiets down in the NA session. UK CPI-data likely to be the next significant catalyst. After closing the previous week at its highest level since…

– GBP/USD: Further upside still in play ahead…

DXY bounce loses steam. 1.3600 still in sight amid risk-off seeping back? Eyes on the US labor market report. The post-UK services PMI-led rally extended into Asia, with the bulls sending GBP/USD to daily highs…

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