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AFEX Market Watch - 27th February 2015

GBP

Drilling down into the UK GDP numbers we could see that UK exports QoQ were +3.5% against previous +0.6% and imports QoQ +1.3% against previous +1.3%. A Reuter’s poll said that 33 of 61 economists polled expect the BOE to raise interest rates by Q4 2015. When contrasted to the ECB being just about to launch QE you can see why GBP/EUR is still pushing higher.... Read more

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