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Jan 14 - 11:55 AM

GBP/USD - Falls To Two-Day Low On Decline In Risk Appetite

By Rob Howard  —  Jan 14 - 09:50 AM
  • Cable drops to 1.3686 (two-day low) courtesy of a decline in risk appetite

  • U.S. stocks extend fall after opening lower nL4N2TU3HAnAQN0AXSPL

  • Sterling is a risk-sensitive currency, while the dollar is a safer-haven

  • Safe-haven franc rises to one-week high versus euro nL1N2TU1CC

  • U.S. manufacturing output unexpectedly falls in December nL1N2TT245

  • 1.3749 was 11-week high for GBP/USD Thursday, after short positions squeezed


GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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