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Sterling is weak while market awaits key UK data - Scotiabank

FXStreet (Guatemala) - Camilla Sutton, CFA, CMT, Chief FX Strategist at Scotiabank noted that GBP is weak.

Key Quotes:

"As expected the BoE left interest rates at 0.5% and made no change to its £375bn purchase program, leaving the most important upcoming domestic releases, CPI on January 13th and the BoE minutes on January 21st."

USD/CHF fails to hold above 1.0200

USD/CHF rose above 1.0200 earlier, for the first time since September 2010 but then the US dollar lost strength amid risk appetite and pulled back below.
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AUD/USD momentum turning and downside revealed

AUD/USD is currently trading at 0.8109, having made a high 0.8132 of and a low of 0.8067 and is up 0.47% on the day so far.
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