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Following earlier rejection from......>

EURO-STERLING
MNI (London)
EURO-STERLING: Following earlier rejection from Gbp0.8960 rate has now broken
back below Gbp0.8940, with the earlier Asian low of Gbp0.89385 moving back
within touching distance. Below here and Tuesday's low of Gbp0.8922 becomes next
focus. Sterling buoyant after Gilts opened easier, with some citing the earlier
NIESR report suggesting reasons to favor a UK rate hike. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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