Euro faces challenges, April rate cut

The EURGBP pair regained ground on Wednesday following the release of downbeat consumer price index (CPI) data from the UK, trading around 0.8340 in early European market hours. In February, the UK

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Sterling drops ahead of UK labour data

The GBPUSD currency pair broke its five-day winning streak, trading around 1.2600 during Tuesday’s Asian session, as traders are awaiting UK employment data later in the day. The Claimant Count Change for

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Euro remains subdued on dovish ECB mood

The EURGBP currency pair retraced its recent gains from the previous session, trading around 0.8330 during Monday’s Asian hours. The Euro faces downward pressure as several European Central Bank officials remain comfortable

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