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Last Update: September 09, 2010 05:36 EST
European Economies:

German final CPI flatted in August, unrevised from the flash estimate.

BOE today is broadly expected to keep its interest rate at record low amid the concerns over economy may slow due to government spending cut. Meanwhile the bank is also expected to hold its asset purchase program unchanged at a size of 200 billion pounds. However some analysts said further quantitative easing in coming months is not ruled if the recovery loses momentum.

Major currencies in Europe:

EUR/USD:

The pair probably continues its consolidation.



GBP/USD:

The pair may continue its correction.



USD/CHF:

The pair probably continues its consolidation.

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