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Maroc Maroc - FINANCIALMIRROR.COM - A La Une - 13/Dec 09:11

Euro gains on Sterling after disappointing UK data

EURGBP extends its gains for the second successive session following the release of key economic data from the UK and Germany, the largest economy in the European Union and the world’s third-largest exporter. The Euro-Sterling cross trades around 0.8280 during the early European hours on Friday. Data released by the Office for National Statistics reported that the UK Gross Domestic Product contracted 0.1% month-over-month in October, against the expected GDP increase of 0.1%. Meanwhile, Industrial Production fell 0.6% MoM following a previous decline of 0.5%, against the expected 0.3% rise. The monthly Manufacturing Production declined 0.6% in October, against the

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