Chinese growth slowdown, UK unemployment expected to decline

Official Chinese GDP data released overnight showed that growth had fallen to an 18-month low of 7.4 percent year-on-year in the first quarter. The 1.4 percent quarter-on-quarter growth represents the lowest level since the third quarter of 2010.
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EUR/USD firmer, eyes on 1.3850

The buying interest around the single currency is picking up pace on Wednesday, now lifting the EUR/USD to the area of 1.3850...
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