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15.01.2024 Market Report

EUR/USD EUR/USD is posting small gains while defending 1.0950 in early Europe on Monday. A broadly softer US Dollar and cautious optimism lend support to the pair. Due to the lack of top-tier economic data and a holiday in the US, risk sentiment is set to play a pivotal role ahead.  GBP/USD GBP/USD is treading water near 1.2750 in the European morning on Monday. The US Dollar stays defensive due to weaker US bond yields and holiday-thinned market conditions. Mounting UK recession