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New Zealand is to report on the trade balance and Australia is to produce data on business confidence.
The UK is to release data on net lending.
Germany is to publish preliminary inflation data for January.
The euro zone is to publish a preliminary estimate of fourth quarter economic growth.
The U.S. is to publish a report on consumer confidence.
Bank of England Governor Mark Carney is to testify before the House of Lords Economic Affairs Committee, in London.
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https://www.ft.com/content/48ed2e06-...0-9c0ad2d7c5b5
BNP Paribas’s US subsidiary has pleaded guilty to fixing forex rates in the US and will pay a fine of $90m.
The French bank’s US unit had been charged with conspiring to fix prices for central and eastern European, Middle Eastern and African currencies traded in the US and elsewhere from September 2011 to July 2013, according to a court filing in Manhattan.
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Analysts said such speculation continued to support the yen, even after BOJ Governor Haruhiko Kuroda on Tuesday stressed the importance of patiently continuing with powerful monetary easing.
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The euro has rallied this year, boosted by growing optimism that a strengthening economy would prompt the ECB to signal a quicker end to years of efforts to stimulate the economy than previously forecast.
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The GBP/USD pair has completed the first descending wave and right now is being corrected. Possibly, the price may reach 1.4236 and then start another descending wave to break 1.4080. The local target is at 1.3915.
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