Sources: Libya’s oil production dropped by around 70,000 bpd

Reuters quoting sources familiar with the matter, citing that Libya’s oil production dropped by around 70,000 barrels a day (bpd) to 630,000 bpd due to field maintenance.

GBP/USD off 2-week lows, back at 1.2435

The bears loosened grip on the pound in the European session, allowing a solid bounce in GBP/USD from fresh two-week lows struck at 1.2385 in the last
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US Dollar challenges lows near 101.00, US data eyed

The greenback – in terms of the US Dollar Index (DXY) – has come under renewed selling pressure on Monday, currently testing session lows around the 1
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