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Forex pairs in this Article » EUR/USD
FXstreet.com (Córdoba) - The dollar trades weaker versus most competitors on Wednesday, with the main exception of the pound which suffered in the wake of BoE King comments, saying the UK faces a further bout of inflation and a muted economic recovery. Aside from a few economic indicators - including US retail sales - headlines flow has been light and pairs were confined to narrow ranges. Meanwhile, Wall Street indexes opened higher with the S&P500 reaching its highest intraday level since Nov. 1, 2007.

Main Headlines in Europe (in chronological order):

Swedish Central Bank leaves repo rate unchanged

EMU: Annual Industrial Production contraction slows down in December

Pound getting kicked on BOE comments

BoE sees inflation above 2% until 2016

European markets cheer US-EU bilateral trade deal negotiations

Lively session again. Pound Slammed

US: Retail Sales rose 0.1% MoM in January

American equity markets edge higher Wednesday

US: Business Inventories rose +0.1% in December
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