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25 Oct 2022

GBP/USD to simmer a move below 1.10 later in the year – ING

GBP/USD has dropped below the 1.13 mark. Economists at ING expect the pair to return to levels under the 1.10 figure later in the year.

EUR/GBP to trace out a 0.8650-0.8800 range for now

“Clearly, 31 October is going to be another massive day for UK financial markets as Sunak/Hunt present their fiscal fix. But backing the dollar as we do, we doubt GBP/USD needs to trade above 1.15 and retain sub 1.10 targets for later in the year.”

“EUR/GBP to trace out a 0.8650-0.8800 range for the time being.”

 

Oct 25, 2022

China’s Wang: No information to offer on possible Xi-Biden meeting

China's Foreign Minister Wang Yi said on Tuesday that there is “no information to offer on possible meeting between the country’s President Xi Jinping
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Oct 25, 2022

USD Index treads water around 112.00 ahead of key data

The greenback, in terms of the USD Index (DXY), hovers around Monday’s close near the 112.00 yardstick on turnaround Tuesday. USD Index looks to data
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