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GBP/USD slumps on strong US producer inflation, Fed rate cut odds trim

The Pound Sterling tumbled against the US Dollar on Thursday after the US Department of Labor announced a rebound on inflation on the producer side that could dent the Federal Reserve’s easing policy.

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EURUSD: GBPUSD:USDJPY:USDCHF:AUDUSD:NZDUSD: This article was written by Greg Michalowski at www.forexlive.com.