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GBPUSD Tumbles as UK Tax Policy Shift Weighs; EURUSD Dips Amid Fed Caution and US Data Returns

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The Story

News Summary

  • The dollar strengthened against the euro and pound as Fed officials showed caution on easing.
  • UK pound tumbled after tax policy reversal.
  • US economic data returns next week, expected to increase volatility.
  • Bitcoin dropped to its lowest since May amid market uncertainty.
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GBPUSD price history

1.35 +1.50% over the displayed period

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