GBP/USD surges amidst US labor market data, BoE rate hike bets

GBP/USD rallies above 1.2500 as labor market data from the United States (US) keeps investors expecting a pause on the Federal Reserve (Fed) hiking cy
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Bank of Canada's Beaudry: Core inflation and excess demand led to interest rate hike

"We felt it was necessary," said Bank of Canada Deputy Governor Paul Beaudry on Thursday regarding the 25 basis points rate hike announced on Wednesda
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