· Pound rocked by warnings of a "difficult and painful" period for growth ahead and the biggest jump in jobless claims since 1992.
· European GDP numbers and US CPI could keep the markets active through Thursday's session.
Stories to watch on DailyFX
· UK data has passed, but there ist still considerable event risk through the second half of the week. Read the 5 Key Events for the Forex Market article to see what will drive the market.
· What pairs are DailyFX analysts following? Keep track with our daily updated Analyst Picks.
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