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Disappointing UK data will send sterling down, says Morgan Stanley

Morgan Stanley say continuing disappointment in UK data means supportive factors for the pound are declining, increasingly difficult for the positivity needed to generate more bullish sentiment

By Undercurrent News | Feb. 25, 2014 12:34 GMT
Euro continues to benefit from weaker USD
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International News

The European Central Bank reiterated today that they see no risk of deflation in the euro area. Deflation is defined as consumers holding off buying products in expectation of price falls, and Mario Draghi has repeatedly said that this is not the current circumstance [...]

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