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5 Jun 2024
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Jun 5, 2024
GBP/USD Price Analysis: Stays firm after strong US data, bears eye 1.2700
The GBP/USD is virtually unchanged in early trading during the North American session, following the release of the Institute for Supply Management (ISM) Services PMI, which showed the economy remains resilient, expanded in May above estimates and the previous month's reading, contrarily to manufacturing activity.
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Jun 5, 2024
USD/CAD rises after BoC cuts interest rates, US Services PMI rises
USD/CAD trades higher by about 0.2% in the 1.3700s on Wednesday after the Bank of Canada (BoC) governing council decides to reduce its key interest rate by 0.25% to 4.75%, following its June policy meeting.
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