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The UK's GDP data is released today at 9.30am. This figure shows the total output of the UK economy, both quarterly and annually.

A lower than expected figure would be likely to bring further pressure on the Pound, making commercial exchange rates lower for anybody importing goods or buying overseas property.

At 12.30 today, American personal spending data is released - while this is not a major piece of news it may affect the rates for anyone needing to send money to the USA.

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