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Forex: GBP/USD at 1.4933/50 range as London morning ends

Ever since the early London session test of the opening price of 1.4923, the GBP/USD became limited at 1.4933/50 range. The pair is currently at the upper band. The economic calendar will only provide more data at 12:30 GMT.

Ahead is US jobless claims and PPI. "Just second-tier data today, with PPI for February, which is expected to remain subdued at sub-2%, as well as weekly jobless claims, which are expected to tick 10K higher to 350K", wrote TD Securities analyst Alvin Pontoh.

UBS analysts are bearish: "Any upside will be limited and resistance at 1.5015 should hold", wrote analyst Gareth Berry, pointing to initial support at 1.4832, while a break below would open 1.4687.

Forex: EUR/USD in fresh 2013 lows

The single currency is intensifying its descent on Thursday, printing fresh yearly lows in the boundaries of 1.2915/20 as risk aversion continues to push higher...
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Forex: USD/CAD trading negatively at 1.0273/76 ahead of US PPI

The USD/CAD operated in a very narrow trading range Thursday, ahead of some key data in the American session later today. Having oscillated between a 28-pip spread (1.0257-1.0285), the cross is now trading in negative territory at a marginal -0.05% loss. In these moments the pair has settled at 1.0273/76.
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