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Deutsche Bank like long EUR/GBP despite upside UK inflation surprise

Justin had the UK inflation data Wednesday:ForexLive European FX news wrap: UK core inflation runs hotVia Deutsche Bank on the data and their GBP outlook:One of the market observations we have been making is that upside surprises to UK inflation have returned to being positive for the currency so far this year, as they open the door for the Bank of England to further increase rates but in a better-than-expected environment for growth. (the) inflation print was another very strong one across the... Read More

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Deutsche

Bank

Like

Long

Eur

Gbp

Despite

Upside

Inflation

Eur gbp

Surprise

Forex

Posted: May 24 2023, 23:38

Author Name: forexlive

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