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Inflation-related releases across the Group of Seven will prime central bankers for crucial June interest-rate decisions, just as they meet in Italy to discuss the state of the world economy. Days after US data revealed cooler-than-expected consumer-price growth, the UK, Canada and Japan will all publish numbers for April that are likely to go in the same ...
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Currency analysts at ING expect interest rate cuts will undermine the Pound with the Pound to Euro (GBP/EUR) exchange rate weakening to 1.1365 on a 6-month view. GBP/EUR failed to break above the key 1.1765 level in February and March while rallies since then have fallen short of this level. ING considers that this resistance will continue to hold with the ...
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