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Pound Sterling gains on hotter than expected UK inflation data

The Pound Sterling (GBP) attracts significant bids against its major peers on Wednesday as the United Kingdom (UK) Consumer Price Index (CPI) data for July has come in hotter than projected.
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NZD/USD adds to dovish RBNZ-inspired losses; slumps to four-month low around 0.5820 area

The NZD/USD pair adds to the dovish Reserve Bank of New Zealand (RBNZ)-inspired losses and dives to its lowest level since mid-April during the first half of the European session on Wednesday.
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