Good Morning ,
Today's overview of economic news and market action:
- There was a cautious tone to investor sentiment throughout last week …
- As expected, the Fed cut rates by 25bps last week …
- The dollar was on the defensive following the Fed policy announcement ...
- Sterling was under some downward pressure near the end of the week …
- EUR/USD opens in the bottom half of the $1.17-1.18 range …
- GBP/USD is operating above the midpoint of the $1.33-1.34 band …
- At the same time, EUR/GBP is changing hands in the top half of 87-88p …
- This week, the focus is on the ECB, BoE and BoJ policy meetings …
- A data calendar is also very busy this week …
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