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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Weak US data fuels Fed cut bets

The US dollar softened on Wednesday after JOLTS data and US factory orders confirmed a labour market slowdown, boosting the Euro despite a softer EU PMI. The EURUSD recovered ground following Tuesday’s

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Sterling weakens on downbeat UK retail sales

The EURGBP cross remains firm around 0.8705 during early European trading on Friday, as the Pound Sterling weakens against the Euro after the weaker-than-expected UK economic data. The IFO business sentiment index report from Germany will also be released

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Ceasefire sinks dollar

The euro-dollar currency pair extended its gains for the fourth straight day on Tuesday, up by 0.39%, even though EURUSD trades off the yearly highs of 1.1641, driven by US dollar weakness

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Euro lower as BoE remains cautious

The Euro edged lower against the British Pound on Thursday, snapping its recent winning streak after the Bank of England held its key interest rate steady at 4.25% in its June policy

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Markets await NFP, avoiding Trump-Musk drama

Financial markets remain relatively quiet early Friday as investors move to the sidelines ahead of the highly-anticipated May employment report from the US, which will feature Nonfarm Payrolls, Unemployment Rate and wage

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