EUR/JPY bounces off lows, back near 124.50

The European currency remains under pressure at the end of the week and is now taking EUR/JPY to the mid-124.00s, just above daily lows. EUR/JPY look
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UK: Strong retail sales data – TDS

Analysts at TD Securities point out that the UK’s retail sales rebounded strongly in January at 1.0% m/m, well above market expectations for a small g
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