S&P sees UK banks struggling amid weak economy, downward revenue pressures

According to Dow Jones headlines. The UK economy remains heavily exposed to the financial-services industry. As goe bank profitability, so goes the UK, I’m afraid…

Cable sits at session lows just above 1.5700.

EUR/USD made a slightly deeper push below 1.3100, bottoming at 1.3096 on the most recent run.

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