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UK data continues to disappoint - BBH

FXStreet (Guatemala) - Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman continues noting disappointments in recent UK data releases.

Key Quotes:

"We also had weaker data out of the UK, with the RICS housing index coming in weaker than expected at 49%. UK yields continue to decline, now at levels not seen since August 2013, with the 10-year yields at 2.40%."

"Recent softness in the UK data coupled with a dovish BOE inflation report continues to weight on sterling.

GBP/USD hovering around 1.6685

The GBP/USD stabilized after falling to 1.6655, 4-month low and during the last hours it has been steady, trading around 1.6685, around the same price it had at the beginning of the day.
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AUD/USD pressured upon 0.93 handle

AUD/USD is trading at 0.9313, up 0.09% on the day, having posted a daily high at 0.9330 and low at 0.9288.
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