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Latest on The Economy News
- Australian dollar and New Zealand dollar on the back-foot against the British pound sterling
- Pound euro exchange rate knocking on the door of 1.16; UK GDP update, Bank of England, UK retail sales all fail to provide a lift
- British pound sterling: GBP under the cosh versus EUR; but welcome relief rallies in play against US dollar and Australian dollar
- BT Group plc: BT.A shares could see profit taking as investors book profits, consider Hyperoptic and 'strange' speculation about a Dutch acquisitio
- Brokers: Vodafone Group Plc and Thomas Cook Group Plc upgraded, ARM Holdings plc and Kingfisher downgraded
- Australian Dollar Outlook deteriorates as China disappoints; AUD under pressure right across the board
- Euro Exchange Rate Forecast: Outlook for the euro dominated by impending PMI releases, EUR steady in London morning trade
