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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Euro retreats amid France political drama

EURUSD turned lower and trades below 1.1620, drawing closer to the 1.1600 support area, after being capped around 1.1650 on Thursday. The euro’s upside attempts remain frail, as France’s political uncertainty keeps

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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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