GBP/USD remains under pressure despite the BoE hiking rates by 25bps. The dovish slant to the announcement added to risk off sentiment, keeping cable subdued.
<p>The removal of the US House of Representatives speaker boosts the chances of a US government shutdown in mid-November says Goldman Sachs:</p><ul><li>All other things equal,
<p>The dollar managed to pare a chunk of its losses late yesterday in US trading and that is seeing EUR/USD keep below 1.0900 still despite the bounce yesterday. The pair is trading little chang
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