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Forex: GBP/USD flirting with 1.5500

The sterling has finally reached the boundaries of the key resistance at 1.5500 on Wednesday, bolstered by the increasing risk appetite prevailing in the markets, intensified by the upbeat data...
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US: MBA Mortgage Applications rose 7.0%

According to the Mortgage Bankers Association, the American citizens that applied for mortgage loans rose 7.0% in the week ended on May 3, surpassing previous week rise of 1.8%...
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