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US Dollar Index extends gains above 98.50 ahead of UoM Survey data

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending gains for the third successive session and trading around 98.60 during the European hours on Friday.
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Pound Sterling faces selling pressure as UK Retail Sales unexpectedly drop

The Pound Sterling (GBP) faces mild selling pressure against its major peers in Friday's early European session after data from the United Kingdom (UK) showed that Retail Sales unexpectedly declined in November.
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