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The EUR/GBP advances to an eight-day high of 0.8623 but remains bearish in the medium term after news from the UK showed its economy contracted for the second time in the year, as data revealed.
<p>For the 24 hours to 23:00 GMT, the EUR declined 0.92% against the USD and closed at 1.0850. On the macro front, Euro-zone’s producer price index dropped 1.3% on a yearly basis in Februa
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