The dollar held onto modest gains against other major counterparts on Tuesday, as the approval of a major tax reform plan by the U.S. Senate continued to support demand for the greenback. The greenback strengthened after the U.S. Senate passed a tax overhaul package over the weekend amid expectations that tax cuts for corporations will […]
The pound pared back losses on Tuesday after falling sharply earlier amid a fresh deadlock in Brexit talks, but remained on the back foot after data showing that growth in the dominant UK service sector slowed in November. GBP/USD was at 1.3423 by 04:57 AM ET (09:57 AM GMT), after falling as low as 1.3373 earlier. […]
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