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UK: Annual CPI unchanged at 2.8% in March

FXstreet.com (Barcelona) - According to data released today by National Satistics, UK annual inflation rose 2.8% in March, following 2.8% growth registered the previous month. This result is in line with analysts' forecasts. On a monthly basis UK CPI rose 0.3% in March, down from +0.7% in February, slightly below expectations of a 0.4% increase.

Year-over-year Core CPI ticked up 2.4% in March, following a 2.3% rise in February, slightly higher than market consensus of +2.3%.

Forex Flash: Not a common occurrence, but markets are looking for leadership from Tokyo - BBH

Brown Brothers Harriman analysts note that it is not a common occurrence, but their sense is that the financial markets are looking for leadership from the Tokyo market.
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Forex: GBP/JPY testing the 149.00 level after UK CPI

The GBP/JPY has managed to retain its daily gains Tuesday, after the release of a tranche of economic indicators out of the United Kingdom. During European trading, the cross has streamed ahead +0.84%, having settled at the 149.00 level in these moments.
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