Falling inflation expectations and uncertainty over the US infrastructure spending plans is weighing heavily on the returns on the markets, as investors re-think the Fed’s hawkish stance.
Meanwhile, the screw was turned on Friday when St.
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The currency major portrays a bullish chart pattern, falling wedge, near the lowest levels since April 08.
GBP/USD bears take a breather around 1.3800, following the heaviest weekly fall since September 2020, amid a quiet Asian session on Monday.
EUR/USD bounces off early April lows, refreshes intraday high of late.
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