Russia S&P Global Manufacturing PMI declined to 48.1 in December from previous 48.3

GBP/USD Price Forecast: Softens below 1.3500 but retains positive technical outlook

The GBP/USD pair loses momentum near 1.3485 during the early European session on Monday, pressured by renewed US Dollar (USD) demand. The potential downside for a major pair might be limited, as the Bank of England (BoE) guided that monetary policy will remain on a gradual downward path.
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USD/CHF ticks up to near 0.7900 as US Dollar edges higher

The USD/CHF pair edges up to near 0.7900 during the late Asian trading session on Monday. The Swiss Franc pair trades mildly higher as the US Dollar (USD) ticks up, with the US Dollar Index (DXY) rising to near 98.15.
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