Breaking: Eurozone Preliminary Inflation rises 9.1% YoY in August vs. 9.0% expected

The annualized Eurozone Harmonised Index of Consumer Prices (HICP) rose by 9.1% in August vs. July’s 8.9%, the latest data published by Eurostat show
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GBP/USD turns south towards 1.1600 as dollar rebounds ahead of US ADP

GBP/USD is trading on the back foot in the European session, undermined by an impressive rebound staged by the US dollar across its major rivals. The
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