GBP/USD refreshes 7-week lows sub-1.27 as Europe gets underway

After a brief recovery stint seen in the late-Asian trades, the bears fought back control and knocked-off the GBP/USD pair back below 1.27 handle, now
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US Dollar advances to session highs near 97.40

The greenback, in terms of the US Dollar Index (DXY), is extending its rebound and trades in the vicinity of session highs around 97.30/40. US Dollar
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