GBP/USD decoced from its annual maximum above 1.34 due to the turbulence of the Fed
The sterling pound (GBP) reverses its course after reaching a daily maximum of 1,3423 due to concerns about the independence of the Federal Reserve (Fed), promoted by the hard comments of the president of the United States (US) Donald Trump against the president of the FED, Jerome Powell. At the time of writing, the GBP/USD is quoted at 1,3383, with an increase of 0.17%. Read more…
The sterling pound is firmly quoted against the USD while Trump attacks the independence of the Fed
The pound sterling (GBP) remains resistant around a maximum of three years above 1,3400 against the US dollar (USD) in the American session on Tuesday. The GBP/USD torque is expected to see more rise as the USD continues to weaken due to the attack of the president of the United States (US) Donald Trump to the independence of the Federal Reserve (Fed) for not reducing interest rates. Read more…
GBP/USD advances slightly above 1,3350 while Trump’s attacks to Powell threaten the independence of the Fed
The GBP/USD torque quotes in positive territory around 1,3370 during the first hours of the Asian session on Tuesday. The fears of a slowdown in the United States (US) and concerns about the independence of the Federal Reserve (FED) drag the US dollar (USD) down and create a tail wind for the major torque. 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.
