Good Morning ,
Today's overview of economic news and market action:
- Overall there was a risk-off tone to investor sentiment throughout last week …
- Meantime, the BoE closely (5-4) voted to leave rates on hold but indicated a cut is likely in December …
- Currency-wise, the dollar was in the ascendency in the early part of the week …
- However, the greenback was unable to maintain its gains …
- EUR/USD starts this week just above the midpoint of $1.15-1.16 …
- GBP/USD is at the halfway mark of the $1.31-1.32 range …
- EUR/GBP is changing hands just below the 88p handle …
- This week, there is a busy data calendar in the UK …
- Meantime, focus will be on efforts to end the US government shutdown also …
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