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07.11.2023 Market Report

EUR/USD EUR/USD is seeing fresh selling pressure, battling 1.0700 in early Europe on Tuesday. The renewed upside in the US Dollar and a return of risk-off flows are exerting downward pressure on the pair. ECB and Fed speak are in focus.  GBP/USD GBP/USD reversed its direction and retreated to the 1.2350 area after reaching its highest level in nearly two months at 1.2430. The US Dollar rose during the American session helped by higher Treasury yields. The DXY rebounded and turned positive, rising