Euro under pressure on risk aversion

The EURUSD currency pair remains practically flat on Wednesday, hovering below the 1.1500 level and trading near 1.1480. A risk-averse sentiment, amid sharp sell-offs in equities around the world, is underpinning demand

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BoE rate decision weighs on sterling

The EURGBP cross gains traction to near 0.8775, snapping the two-day losing streak during the early European session on Tuesday. The pound sterling softens against the euro amid uncertainty surrounding the Bank

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