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GBP/USD tests 1.37 as market trepidation keeps Greenback on the defensive
Summary by The New York Ledger
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GBP/USD tests 1.37 as market trepidation keeps Greenback on the defensive
GBP/USD caught a halting bullish step higher to open the new trading week, knocking on the 1.3700 handle for the first time since September. The Trump administration threatened additional tariffs on a number of European nations if they don’t give over control of Greenland to the US, but markets continue to bank on the usual turnaround on trade war rhetoric from the White House. UK data remains strictly low-tier this week, with the Federal Reserv…
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