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Forex Flash: We become better buyers in the upper 1.30 area, an even more so above 1.3150 - TDS

The Euro is trading higher today against the Greenback with the pair advancing 0.65% on the day to test the 1.3100 frontier. "The EUR continued to be better bid, as it has been since Draghi’s comments at the ECB meeting last Thursday," point TD Securities' analysts Shaun Osborne and Greg Moore.
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Forex Flash: UK triple-dip less likely - UBS

Tuesday's publication of the February industrial and manufacturing output data "has reduced the chances of a negative Q1 GDP print and thereby reduced the likelihood of a triple-dip recession in the UK", says the UBS analyst team.
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