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GBP/CAD firms as BoE delivers a cautious rate cut

The British Pound (GBP) edges higher against the Canadian Dollar (CAD) on Wednesday, reversing earlier losses as markets digest the Bank of England’s (BoE) latest monetary policy decision. At the time of writing, GBP/CAD trades near 1.8478, rebounding from a daily low around 1.8384.
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Eurozone ECB Rate On Deposit Facility in line with forecasts (2%)

Eurozone ECB Rate On Deposit Facility in line with forecasts (2%)
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