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BOURSE AFRICA (for 17.1.2013)

January 21, 2014

Euro/dollar futures and contracts for difference (CFDs) see-sawed between mild gains and losses on Friday, closing below $1.36 . The dollar continued its upward trend, bolstered by data showing that US industrial production grew last month. The euro remained under pressure amid the European Central Bank's commitment to keeping rates low for an "extended period". Pound/dollar futures and CFDs were the most active contracts on the exchange. The pound bounced back as UK retail sales rose by 5.3 percent last month from a year earlier, marking the fastest annual pace in more than nine years. The Star

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Source: Star, The (South Africa)

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