ECB’s forthcoming policy preview - BAML

Fxstreet (Delhi) – Analysts at Bank of America Merrill Lynch note that this week’s ECB meeting’s priority will be to avoid the more euro re-appreciation is the short run as the the weak euro is QE’s most tangible result.
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GBP/USD posts 3-month lows

GBP/USD extended the decline and posted a fresh 3-month low at the beginning of the American session as the pound continues to underperform on the back of disappointing manufacturing data with UK investors rejoining after the bank holiday.
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