Rumours of a less profligate Treasury than expected have boosted GBPUSD. The US dollar is falling as the likelihood of monetary tightening by the Fed has diminished. The US dollar is no longer finding support from oil. Brent is trading near monthly highs, while the USD index continues to fall. Investors are in no hurry […]
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EURGBP edges higher in early Thursday after hitting 13-month low following 0.8% drop on Wednesday (the biggest daily loss since June 22), when the pound was strongly lifted by signals that new PM Burnham will Read more…