📝Here is what you need to know on Monday, February 7: The greenback is staying resilient against its rivals at the start of the week following Friday's rebound, which was fueled by the upbeat January US jobs report. Forex FX
retreated modestly from multi-week highs on Friday but ended up gaining more than 300 pips on a weekly basis. The pair is trading in a tight range below 1.1450 heading into the European session.stays above 1.3500 following Friday's decline. The Bank of England adopted a cautious tone on the UK economic outlook following the rate hike decision, limiting the pound's upside.capitalized on rising US Treasury bond yields last week and climbed above 115.00.
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