Forex: GBP/USD testing support of 1.5200

The sterling remains in the red territory on Monday, indifferent after the BBA Mortgage Approvals during February fell to 30.5K, coming in short of estimates at 33.6K and down from January’s 32K (revised)....
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Fundamental Morning Wrap: EUR relief at Cypriot "agreement"

There was only ever going to be one focus for this mornings institutional research: Cyprus. News of the adjusted bailout look to have been more telling of the political power struggles taking place within the Eurozone and the news of the bailout (or agreement, depending on who you follow) has had a limited relieving effect on financial markets so far. The underlying suspicion is that despite the immediate risk being averted, dangerous precedents have been put in place.
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