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GBP bullish but for how long ahead of EU referendum? - Scotiabank

FXStreet (Guatemala) - Analysts at Scotiabank explained that GBP is up on the back of as-expected Q4 GDP data (0.5% q/q, 1.9% y/y), with gains suggesting relief and positioning that had been biased to disappointment.

Key Quotes:

"GBP has shown signs of stabilization over the past week with a near-2% rise off last Thursday’s multiyear low. Near term stabilization may continue as market participants reassess the balance of risks to relative central bank policy following Wednesday’s Fed.

The medium-term outlook remains bearish as we look to Brexit risks presented by the looming mid-year referendum."

A bullish scenario for USD/CHF - Commerzbank

Karen Jones, chief analyst at Commerzbank explained that USD/CHF remains better bid overall.
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Eurozone set to follow higher German inflation - Danske

Tomorrow, the inflation report from the Euro zone will be release. Analysts from Danske Bank, expect an increase to 0.5% y/y, from 0.2% and warned that inflation is priced too pessimistically.
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