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Forex Flash: Asian markets mixed, Europe gets ready for EU growth forecasts

Japan's Nikkei Stock Average (+0.68%), South Korea's Kospi (+0.18%), Indonesia's Jakarta Composite (+0.70%) and India's Bombay Sensitive (+0.10%) moved higher, while Mainland China's Shanghai Composite (-0.51%) and Hong Kong's Hang Seng (-0.45%) closed lower on Friday. China House Price Index rose from 0.0% to 0.8% in January. Weak Eurozone PMI data yesterday and this weekend’s Italian election have been priced in.

The German DAX 30 (+0.47%) and the French CAC 40 (+0.59%) are signaling a higher opening ahead of European Commission Growth Forecasts and German IFO survey. German GDP figures confirmed the -0.6% quarterly contraction in Q4.

Forex: GBP/USD eyes 1.5300 on better sentiment

After dipping to multi-year lows in the proximity of 1.5130 on Thursday, the sterling has managed to gather some traction and trade back around the 1.5300 mark, as risk aversion is taken a breather on Friday...
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Forex: AUD/USD retraces ground to 1.0300

The Aussie dollar is threatening the key support at 1.0300 on Friday, after hitting overnight tops above 1.0320 on hawkish testimony by RBA’s G.Stevens before the parliamentary committee...
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