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GBP has the most room to strengthen against EUR - Nomura

FXStreet (Bali) - According to Nomura, EUR/GBP still has potential to trade lower this year.

Key Quotes

"We believe GBP still has the most room to strengthen against EUR this year. The UK economy is less dependent on euro area demand than other European countries. Meanwhile, UK domestic demand is showing stronger momentum. We revise our end-2014 EUR/GBP forecast lower to 0.77 from 0.78."

AUD/USD awaits key impacting date releases

AUD/USD is trading at 0.9348, down -0.07% on the day, having posted a daily high at 0.9358 and low at 0.9347.
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Further EZ data disappointments - BBH

Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman noted further disappointments from the EZ other than that from the German manufacturing.
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