US: Redbook Index rose 2.7% YoY

FXStreet (Edinburgh) - The Redbook index advanced at a an annual pace of 2.7% and contracted 1.3% on a monthly basis in the week ended on February 23 vs. previous prints at 2.9% and -1.3%, respectively.

GBP/USD struggling around 1.6700

The GBP/USD recovered some of the lost ground yesterday helped by better market's sentiment amid easing tensions in Ukraine.
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