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EMU: Annual flash CPI grows 0.7% in October

FXstreet.com (Barcelona) - According to data released today by Eurostat, Eurozone annual inflation rose 0.7% in October, down from the 1.1% growth registered the previous month. Analysts expected the indicator to remain at 1.1%.

Core CPI increased 0.8% in October, after rising 1% in September.

USD/CHF looks upwards as greenback surges across the board

The USD/CHF is trading upwards for a fourth consecutive day, after three straight green days, mainly because FOMC statement made market participants to be very hesitant on their bets ahead of FOMC decision.
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GBP/USD holds above 1.6000, for now

Even though the GBP/USD is extending losses into a fifth day Thursday it has managed to take hold above 1.6000 after dipping to a 2-week low of 1.5998 in the wake of the Fed statement.
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