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EU is ‘too big, too bossy and too interfering’ – UK’s Cameron

FXStreet (Mumbai) - UK PMI Cameron, at his party conference, described European Union (EU) as “too big, too bossy and too interfering”.

Cameron added that he will fight hard in EU renegotiation. A latest Brexit poll today showed a 19 point lead for UK to stay in the EU. Cameron, who pledge to call the EU referendum by the end of 2017 once he has completed a renegotiation of EU membership terms, told BBC radio on Tuesday that he is “making good progress”.

EUR/USD extends the bounce to 1.1260

The shared currency is prolonging its rebound from the 1.1220 area vs. the dollar, with EUR/USD now regaining the 1.1260/65 band...
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Industrial production data: German weak, UK strong – TDS

Paul Fage, Senior Emerging Markets Strategist at TD Securities, suggest that we had a mixed industrial production numbers with Germany posting weak and UK posting a surprisingly strong numbers.
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