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Forex News
Forex News / Pound Rises In Inflation Data, Euro Finds Support From Three Year High In Investor Sentiment |
16.06.2009
Pound Rises In Inflation Data, Euro Finds Support From Three Year High In Investor SentimentForex News /
The Pound rose to as high as 1.6483 as it reversed earlier losses on an improving worldwide outlook and a slower movement of decline representing inflation. Indeed, U.K. CPI cut to 2.2% from 2.3% but missed expectations of 2.0% which is the BoE’s goal level.
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