GBP has a strong week, while poor German data hinders EUR

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 19, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    Last week we saw the pound claw back losses incurred following the negative inflation data we saw released at the start of the week, which had indicated that the UK had fallen into negative territory at -0.1% (previously it had been at 0.0%). There was also positivity seen with a decrease in unemployment to 5.4% from a previous level of 5.5%, and the average earnings level was also seen to rise by 3%. It won’t be a very busy week for data this week, but we will see the Bank of England’s, Mark

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