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Forex Flash: Fed & ECB lead the way this week - Societe Generale

Kit Juckes, Global Head of Currency Strategy at Societe Generale notes that the Fed and ECb meets are coming up this week and the broadly weaker near-term growth indicators across the world have spurred central bank easing hopes, which has supported risk assets in recent days.
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US: Pending Home Sales beat consensus at 1.5% in March

The National Association of Realtors indicated that US pending home sales beat market consensus at 1.5% (MoM) in March, instead of the 1.0% expected. Annualized data came in at 7.0%, above 6.1% consensus but not as high as last year’s figure of 8.4%.
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