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EUR/GBP higher in London at 0.8575 ahead of German IFO

EUR/GBP have edged higher before the release of Germany’s IFO Germany’s IFO which will likely receive more attention than the GDP did earlier this morning, as it is referring to May. Unchanged readings from April are expected.
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Italy Consumer Confidence falls to 85.9 in May from 86.3 in Apr

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