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UK RICS House Price Balance

Written February 8, 2010 at 7:05 PM EST by John Teister 

GBP caught a bid after a better than expected release of the RICS House Price Balance which came in at 32% versus its forecast of 28% and prior showing of 30%.  Additionally, the BRC Retail Sales Monitor was -0.7%, worse than the prior release of 4.3%.  Cable is currently approaching the session high of 1.5592.

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