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British Pound Vaults Fresh 26 Year High, Shaking Off Poor Housing Data

Monday, 23 July 2007 16:48:43 GMT

Written by DailyFX Research Team


UK house prices rose in July at the slowest pace this year as tightening monetary policy curbed hot suburban demand.  Nationwide Housing data due out on Thursday is also forecasted to print lower, echoing bearish UK dwelling sentiment

UK Fundamentals:

Next 24 Hours:
U.K. CBI July Industrial Trends Survey

Last 24 Hours:
Rightmove House Prices (MoM) (MAY)
Actual: 0.3%
Previous: 0.7%


Rightmove House Prices (YoY) (MAY)
Actual: 10.3%
Previous: 13.2%

 

See Daily FX Weekly Calendar for further insight.

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