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Author Archives: Insta Forex

Pound Slides Ahead Of U.K. GDP Data

The U.K. GDP data for the fourth quarter and mortgage approvals for February are due at 5:30 am ET Friday. Ahead of these data, the pound fell against its major counterparts. The pound was valued at 144.29 against the yen, ...

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Swiss Economy Set For Weak Growth: KOF

Switzerland’s economy is likely to face weak growth in the coming months, despite a halt in the downward trend in the leading indicator which hit a four-month high in March, the KOF Swiss Economic Institute said on Friday. The KOF ...

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France CPI Inflation At 17-month Low

Flash data from France’s statistical office INSEE on Friday showed that the consumer price inflation slowed to its weakest level in 17 months, due to lower prices of services, food and tobacco. The consumer price inflation slowed to 1.1 percent ...

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France Household Consumption Unexpectedly Declines In February

France’s household consumption decreased in February, defying expectations for further increase, as expenditure on food and energy declined, preliminary data from the statistical office INSEE showed on Friday. Household consumption fell 0.4 percent month-on-month, while economists were looking for a ...

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