GBP/USD rises slightly by the agreement between the United Kingdom and the EU, but the fed hard line position limits the profits
The sterling pound (GBP) registered modest profits against the US dollar (USD) on Tuesday, limited by the increase in the yields of the US Treasury bonds as the news of a commercial agreement between the United Kingdom (UK) and the European Union (EU) improve the perspectives of the British currency. However, the hard line position of the Federal Reserve (FED) prevented the GBP/USD from reaching 1,3400, and was negotiated in 1,3371 at the time of writing. Read more…
The sterling pound is stabilized against the US dollar before the United Kingdom CPI data
The sterling pound (GBP) yields initial profits and stabilizes around 1,3365 against the US dollar (USD) during negotiation hours in North America on Tuesday. The GBP/USD torque remains flat as the US dollar recovers early losses, with the dollar index (DXY) gaining ground about 100.00. Read more…
GBP/USD maintains its position above 1,3350 while the US dollar weakens for economic concerns
GBP/USD continues its bullish impulse per second consecutive session, around 1,3360 during negotiation hours in Asia on Tuesday. The sterling pound (GBP) is strengthened as the US dollar (USD) is softened in response to the reduction of the US credit rating by Moody’s Ratings from AAA to AA1. Read more…
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
