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UK: Mortgage Approvals increase more than expected in March

FXstreet.com (Barcelona) - UK Mortgage Approvals rose to 53.504K in March, following 51.947K registered the previous month, according to the BoE report published today. The result is higher than forecasts of an increase to 52.500K.

Consumer Credit rose £0.5B in March, following £0.5B in February, as expected. Net Lending to Individuals decreased in March to £0.9B in comparison with £1.5B in February.

United Kingdom Consumer Credit stays unchanged at £0.5B in Mar

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Forex: EUR/GBP quiet at lows after UK data

Following weaker than expected retail sales in Germany, the EUR/GBP fell from 0.8460 to find support at 0.8438 on the London opening. The cross continues to trade at the support level after the release of UK data.
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