India FX Reserves, USD: $681.61B (June 1) vs previous $682.32B

British Pound picks up as Iran peace hopes offset soft UK GDP data

The British Pound (GBP) maintains a moderately positive tone against the US Dollar (USD) on Friday, as investors’ optimism about a US-Iran peace deal has offset rather uninspiring UK data.
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Euro: Seen drifting toward 1.1400 against US Dollar – BBH

Brown Brothers Harriman’s Elias Haddad reports that EUR/USD briefly dipped toward 1.1500 after the ECB decision before rebounding on the US-Iran breakthrough. Haddad expects EUR/USD to edge lower and stabilize closer to 1.1400 as US growth outperforms the Eurozone.
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