The EUR/GBP is falling back towards the 0.8700 handle after scrambling up the charts in the runup to Thursday's Bank of England (BoE) rate call, which saw rates on hold, but hawkishly so.
The US Dollar (USD) is hanging over an abyss of substantial downturn since its weak performance ahead of Christmas. On the US Dollar Index (DXY) chart, a broad area is open for a quick decline in the
<p>A further slowdown in China’s inflation is increasingly raising concerns about the Celestial Empire’s economic growth, which could be bad for the rest of the world. June data showed that CPI
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