Thursday , 14 November 2024
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EUR/GBP bounces after UK Unemployment data miss, but Euro remains vulnerable

EUR/GBP bounces off two-and-a-half year lows in the 0.8200s to trade back up in the 0.8330s on Wednesday after UK labor market data showed a rise in the Unemployment Rate which increased speculation the Bank of England (BoE) might cut interest rates in December.

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