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Sterling gains versus Euro as property prices climb

Sterling gains versus Euro as property prices climb

The pound was set for a third weekly gain versus the Euro after an industry report showed U.K. house prices increased in December, adding to evidence the revival in the property market is boosting the recovery.

The economic calendar is relatively quite so the spot light today will likely focus on the tapering rhetoric coming out of the US.

The Australian and the New Zealand Dollars advanced overnight, the move tracking a rebound in US Treasury bond futures. We’ll all have a clearer picture when markets resume normal trading volumes next week.

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