Currently 1.5390 with demand into 1.5375 but rally tempered by EURGBP gains
Offers: 1.5400 1.5420 1.5450 1.5465 1.5480-85 1.5500-10 (stops above) 1.5530 1.5550
Bids: 1.5375 1.5350 1.5325-30 1.5300 1.52 85 1.5250 1.5230 1.5200
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GBPUSD orders 5 Nov
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
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- Morgan Stanley sees dollar risks skewed to downside as energy shock sensitivity fades
- Iran has 22 days of storage left as naval blockade drives exports to near collapse
- PBOC sets USD/ CNY reference rate for today at 6.8589 (vs. estimate at 6.8282)
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