GBP/USD recovers from overnight dip

Having gently declined overnight to post a low at 1.6318, GBP/USD has recovered its losses in early European trading, and is presently at 1.6340, up 0.03% on the day.
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Switzerland: Annual CPI rises against expectations in November

According to data released today by the Swiss Federal Statistical Office, Swiss annual inflation rose 0.1% in November, compared with the 0.3% drop registered the previous month. Analysts expected a 0.1% fall.
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