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Technical Analysis Daily Majors & Minors
EUR/USD - Dollar lost ground across the board after inflation in the US resulted negative monthly basis down to -0.2% first time below 0.0% since October 2013. But how far could this movement go on for?
GBP/USD - The British Pound rebounded against the US Dollar as expected, with prices tapping a two-week high. But how will this fare with Scottish referendum result expected today.
Quick Daily update
• The UK rate fell to 6.2% in the three months to the end of July, while the number claiming Jobseeker's Allowance has dipped below one million.
• Japanese consumer electronics giant Sony says its annual loss may be more than four times bigger than initially forecast, due to its struggling mobile business.
• Dixons Carphone is set to save 800 Phones 4U jobs, while mobile phone network operators Vodafone and EE are in discussions to buy parts of the stricken retailer.