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UK: Mortgage Approvals rise to 53.710K in April

FXstreet.com (Barcelona) - UK Mortgage Approvals rose to 53.710K in April, following 53.674K registered the previous month, according to the BoE report published today. The result is lower than forecasts of an increase to 54.500K.

Consumer Credit was at £0.524B in April down from £0.594B in March and above market consensus of £0.400B.

Net Lending to Individuals increased in April to £1.4B in comparison with £0.9B in March and above analysts' projections of remaining at £0.9B.

AUD/USD slips below 0.9600 handle

The AUS/USD has slipped below the 0.9600 handle in early London shift testing the support line 0.9580 is a decisive move with momentum to possibly break out towards the lows of the week, 0.9520.
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EUR/GBP pares gains to 0.8562/64

The EUR/GBP pared its European gains, following the release of economic data in the United Kingdom Friday.
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