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ECB TLTRO results awaited VP Constancio suggests take-up significant

FXStreet (Łódź) - Market participants await ECB data on the take-up in the first round of the targeted longer-term refinancing operations (TLTROs), due out at 9:15 GMT. Median forecasts point to banks tapping the TLTRO at approximately 110-150 billion euros.

ECB Vice-President Vítor Constâncio suggested the take-up of new funds will be significant and that the TLTRO should boost the central bank's balance sheet.

A larger than predicted takeup is expected to provide support for the euro.

UK: Annual Retail Sales up 3.9% in August, below expectations

National Statistics informed on Thursday that year-over-year UK Retail Sales rose 3.9% in August, compared with the 2.5% increase in July and below forecasts of +4.1%.
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USD/JPY retreats from fresh 6-year high at 108.86

USD/JPY retreated from 6-year highs to current 108.50 area.
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