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GBPUSD Soars Near Two-Month High on BoE Rate Caution and Fed Easing Hopes

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

News Summary

  • GBPUSD hovered near a two-month peak due to a softer dollar and BoE's cautious rate cuts, supporting sterling amid thin pre-Christmas trading ahead of expected Fed easing in 2024.
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GBPUSD price history

1.35 +1.50% over the displayed period

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