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UK’s Sunak: Economic growth in March is a promising sign of things to come

“Despite a difficult start to this year, economic growth in March is a promising sign of things to come,” the UK Finance Minister Rishi Sunak said after the economy shrank 1.5% in the first quarter of 2021.

He added: “As we cautiously reopen the economy, I will continue to take all the steps necessary to support our recovery.”

 

more to come ...

GBP/USD defends 1.4100 after UK Q1 GDP, BOE’s Bailey, US inflation eyed

GBP/USD jumps 15 pips to 1.4130, still down 0.10% intraday, following the key UK data during early Wednesday. Although the headlines GDP came in negat
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Forex Today: Fear grips markets, boosts dollar ahead of critical US inflation data

Here is what you need to know on Wednesday, May 12: Markets are in a "risk-off" mode as worries about the Israeli/Palestinian escalation, fuel supplie
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