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Global market watch - 24th March 2017

GBP

The UK consumer powers on! February retail sales came in at +1.4%, a huge improvement on Januarys -0.5% figure and better than the estimated +0.4%. Some analysts had expected a weak figure, but yet again GBPUSD got a leg up from UK data and hit a four week high. It was reported that New York sold large amounts of sterling but commented that they were easily absorb... Read more

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