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February 2016

Eurozone economic sentiment disappoints

Published: Friday 26 February 2016

German regional inflation gave the Euro a thumping this morning and the Pound was happy to take advantage. All of Germany’s regions posted negative inflation - bare North Rhine also disappointed by 0.5%. Eurozone economic sentiment disappointed compared to expectation - 103.8 vs 104.4. However, the market remains a rally seller of Sterling and indeed the retracement was short lived as current themes and trends remain.

Latest FX news by Richard Smith

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