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GBPUSD Dips as UK Political Crisis Weighs and Dollar Weakens Ahead of Key US Data

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • The U.S.
  • dollar weakens ahead of crucial data releases, with the yen holding gains after Japan’s PM Takaichi’s win.
  • Sterling remains pressured amid UK political turmoil, while expectations for Fed rate cuts add to dollar softness.
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GBPUSD price history

1.35 +1.50% over the displayed period

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