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Sterling high against euro on back of wages performance

Wage growth matching inflation for the first time in nearly four years made sterling to reach monthly highs against euro

By Richard Nehme | April 17, 2014 10:55 BST
Euro continues to benefit from weaker USD
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Despite a day dominated by the better than expected figures from the UK the USD made the largest gains in two weeks against JPY. This was a result of higher-than-forecast gain in U.S. industrial production, which was nicely complimented by companies’ earnings topping estimates, dampening demand for safety [...]

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