GBP/USD posts modest gains above 1.2450, BoE policymaker dampens hopes of summer rates cut

The GBP/USD pair recovers to 1.2450 on Wednesday during the early Asian session.
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EUR/USD holds above 1.0700 on weaker US Dollar, upbeat Eurozone PMI

The EUR/USD pair holds above the 1.0700 psychological barrier during the early Asian session on Wednesday.
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