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US March CPI might rise to 0.3%mom – BBH

FXStreet (Barcelona) - The Brown Brothers Harriman Team previews the US data releases ahead in the day – US CPI and University of Michigan consumer sentiment index.

Key Quotes

US CPI for March is expected to rise slightly to 0.3% m/m, but core is seen as remaining stable at 0.2% m/m. Recall that February CPI was the first positive month-on-month print since October. The increase was partially due to 2.4% rise in gasoline prices, after plummeting 18.7% in January.”

“After that, US markets get Univ. of Michigan consumer sentiment data for April, which is expected to increase from 93.0 to 95.0.”

EUR/USD sees fresh weekly highs, more to come likely – FXStreet

Valeria Bednarik, Chief Analyst at FXStreet, sees additional gains ahead for EUR/USD if the pair manages to break above 1.0832.
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GBP/USD might see further gains above 1.5020 – FXStreet

According to Valeria Bednarik, Chief Analyst at FXStreet, a GBP/USD break above 1.5020 opens up 1.5060 and even 1.5100 levels.
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