EUR/USD: Fed statement’s a double-edged sword for the euro

Expectations for the Federal Reserve to cut interest rates have pushed US yields lower and the greenback dropped sharply. EUR-USD is benefiting from t
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GBP/USD holds weaker near session lows, around 1.2765-60 region post-UK PMI

The GBP/USD pair held on to its mildly weaker tone near session lows, around the 1.2760 region, and had a rather muted reaction to the UK macro data.
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