Forex Flash: Consolidative tone persists - BBH

The main characteristic of the global capital markets is one of consolidation, says the BBH team. While, EUR/USD is trading at 1.3015 the two weakest currencies against the dollar, sterling and the yen, are trading firmer today.
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US Import Price Index (MoM) up to 1.1% in Feb from 0.6% in Jan.

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