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EUR/GBP lower again as UK clearer sells

Gerry Davies
14/07/2010 | 10:13 GMT

EUR/GBP down at session low .8320 with Uk clearer seen active seller in recent trade.

Sterling being supported by Sentance’s ongoing calls for higher UK rates, slightly better than expected UK jobs report and M&A considerations (reports of Abu Dhabi interested in investing in BP.)

Market is also noting reports Pimco has turned bullish on Uk gilts

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