British Pound Gains but Outlook Still Bleak, GBP/USD Eyes US Inflation for Cues

The British pound is off to a strong start to the week, supported by broad-based weakness in the U.S. dollar and positive newsflows regarding China’s zero-covid policies.

from DailyFX – Market News https://bit.ly/3FPtaxs
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Euro Brewing a Further Decline

The EU economy has proven to deliver a growth of 0.2% Q/Q in Q3. Although this looks somewhat optimistic but the small growth in Q3 still paints the same bigger picture which is that growth has slowed down and a recession is still in play.

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