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Chart of the Day: Forbes' effect

Chart courtesy - Bloomberg

British Sterling is in for its first weekly gain since February and its biggest weekly bull run since November last year, thanks to BoE member Kristine Forbes, who surprisingly voted for a hike of 25 basis points at this week's monetary policy meeting.

We at FxWirePro, however, don't see this run lasting for long, not beyond 1.26 against the dollar. Sterling is currently trading at 1.239 against the dollar.

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April 23 15:00 UTC Released

USExp Soybean Inspected

Actual

470.817 M

Forecast

Previous

444.987 M

April 23 15:00 UTC Released

USExport Wheat Inspected

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619.251 M

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Previous

483.058 M

January 31 00:00 UTC 119003119003m

ARAnnual Primary Balance*

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2016 bln ARS

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January 31 00:00 UTC 119003119003m

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2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 130823130823m

ARTrade Balance

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-1541 %

January 31 00:00 UTC 119003119003m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 130823130823m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 119003119003m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 119003119003m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 119003119003m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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